NEWARK, NJ - MAY 30: NHL Commissioner Gary Bettman addresses the media prior to Game One between the Los Angeles Kings and the New Jersey Devils in the 2012 NHL Stanley Cup Final at Prudential Center on May 30, 2012 in Newark, New Jersey. (Photo by Elsa/Getty Images)

Gary Bettman Press Conference: NHL Commissioner Talks CBA, Player Safety, Franchise Health, More

NHL commissioner Gary Bettman and NHLPA director Donald Fehr each confirmed Wednesday that they're set to begin talks on a new CBA and that those talks will begin in the coming weeks.

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6 Total Updates since May 31, 2012
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New Jersey Devils Owner Jeff Vanderbeek Confident In Financial Situation

The Devils may be in the Stanley Cup Finals, but there's still doubt about the club off the ice. It's not overshadowing the team like the situation in Phoenix has done to the Coyotes, but there are still uncertainties when it comes to owner Jeff Vanderbeek's hold on the club. Commissioner Gary Bettman talked about the process Wednesday.

"The New Jersey situation," Bettman said, "as we understand it at its most up-to-date point, is that the club, Jeff Vanderbeek, is working on both refinancing the debt on the club and an equity raise. He appears to be fairly confident that he can pull this off in due course in the next few weeks. Since I've been in touch with the banks on a regular basis, we seem to be on track."

The club's debt is reported to be around $80 million.

For more on the Devils, check in with In Lou We Trust and SB Nation New York.

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Phoenix Coyotes Sale: NHL Optimistic About Greg Jamison Purchase

While the Phoenix Coyotes sale to Greg Jamison is still a work in progress, and while the NHL expects the situation to play out positively for hockey fans in Arizona, no guarantees are being made about their future in the desert. Gary Bettman discussed the situation with reporters in Newark on Wednesday.

"I spoke to Greg Jamison early [Wednesday]," Bettman said. "He continues to do the two things he needs to do to secure the future of the Coyotes where they are in Arizona: One, working to conclude a set of documents with the City of Glendale on the building management situation. And he continues to put his equity together.

"The City of Glendale I believe next week is supposed to vote on the management agreement. Once that's in place, I think Greg will be able to conclude hopefully the finalization of his equity raise."

There are still a lot of moving parts here. That's perhaps why Bettman couldn't guarantee that the Coyotes would be in Glendale, Ariz., next season when pressed on the question by a reporter.

"I can't say anything with 100 percent certainty," he said. "I think the likelihood is, based on everything we know today, the process should conclude successfully, but it's not something I'm in a position to guarantee. We haven't worked on a Plan B for Phoenix. Our hope and expectation, going back to the earlier question, is this will get done. If it doesn't, we'll have to deal with it at the time. But it's not anything we're focused on at this time."

For more on the sale situation in Phoenix, check in with SB Nation Arizona and Coyotes blog Five For Howling.

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NHL CBA Talks Set To Begin In Coming Weeks

NHL commissioner Gary Bettman and NHLPA director Donald Fehr each confirmed Wednesday that they're set to begin talks on a new CBA and that those talks will begin in the coming weeks.

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