NHL lockout 2012: League, union make no progress

The NHL and NHLPA met again Tuesday morning in the hopes of finding common ground in negotiations for a new collective bargaining agreement but ultimately failed to make any progress. As of this time, the two sides will remain in contact but have yet to schedule any future meetings.

NHL deputy commissioner Bill Daly plainly stated after the negotiations let out that the talks weren't overly encouraging and that there would be no progressive movement unless the Players Association was willing to compromise on some issues. Daly also stated that the possibility of bringing in a federal mediator was a potential course of action the two sides may pursue in the future.

In addition, Daly announced that the NHL lost $100 million when they were forced to cancel the preseason last Thursday. One can only imagine how much more money the league stands to lose when they are forced to cancel regular-season games, which is expected to happen some time this week.

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