Madferret
6-10-05, 6:14 PM
NHL, NHLPA to meet again on Monday
Canadian Press
NEW YORK (CP) - The NHL and the NHL Players' Association wrapped up four days of meetings Friday but there was still no official word on reports the two sides had reached an agreement on a salary cap structure.
"We spent the last four days in small group meetings continuing to review and negotiate various systemic and economic issues," NHLPA senior director Ted Saskin said in a brief statement Friday afternoon. "The two sides will resume small group discussions on Monday in Toronto."
"There was healthy dialogue, and progress continued to be made on many operational issues relating to a new collective bargaining agreement, said NHL Executive Vice President and Chief Legal Officer Bill Daly. "We will resume meeting early next week."
The Globe and Mail reported Wednesday that a formula for a salary-cap system based on team-by-team revenue had been agreed upon. But the Toronto Sun, quoting an unidentified general manager, said Friday that NHL commissioner Gary Bettman had denied the existence of such a cap.
"I asked him quite clearly is (the cap), in fact, true?" said the general manager. "He said: `No.' I asked `Is there any kind of team-by-team cap?' Again, he said `No."' It's believed the two sides are close, however.
The salary-cap issue was seen as the biggest stumbling block in the labour negotiations. Other issues still on the table include free agency, salary arbitration, drug testing, Olympic participation, proposed rule changes, etc.
Round and round and round and round.....
Canadian Press
NEW YORK (CP) - The NHL and the NHL Players' Association wrapped up four days of meetings Friday but there was still no official word on reports the two sides had reached an agreement on a salary cap structure.
"We spent the last four days in small group meetings continuing to review and negotiate various systemic and economic issues," NHLPA senior director Ted Saskin said in a brief statement Friday afternoon. "The two sides will resume small group discussions on Monday in Toronto."
"There was healthy dialogue, and progress continued to be made on many operational issues relating to a new collective bargaining agreement, said NHL Executive Vice President and Chief Legal Officer Bill Daly. "We will resume meeting early next week."
The Globe and Mail reported Wednesday that a formula for a salary-cap system based on team-by-team revenue had been agreed upon. But the Toronto Sun, quoting an unidentified general manager, said Friday that NHL commissioner Gary Bettman had denied the existence of such a cap.
"I asked him quite clearly is (the cap), in fact, true?" said the general manager. "He said: `No.' I asked `Is there any kind of team-by-team cap?' Again, he said `No."' It's believed the two sides are close, however.
The salary-cap issue was seen as the biggest stumbling block in the labour negotiations. Other issues still on the table include free agency, salary arbitration, drug testing, Olympic participation, proposed rule changes, etc.
Round and round and round and round.....