NHL Lockout 2012: Both Sides Meet On Wednesday

With just under four days remaining until a potential work stoppage in the NHL, the league and the NHLPA resumed talks on Wednesday in New York on a potential new collective bargaining agreement.

After a stall in negotiations going back to Friday, August 31, both sides are in New York City for separate meetings within their respective organizations, and restarted talks at 11:35 a.m. ET on Wednesday. Following that, the NHLPA will hold a series of committee meetings over two days, with over 250 players in attendance.

If the two sides can't reach a deal by September 15, the NHL will have another work stoppage on their hands. In 2004 a lockout lasted an entire season, and in 1994-'95, a work stoppage delayed the season until January.

At the core of the debate is a proposed cut in player revenue from 57 to 46 percent. NHL revenue has grown since the last labor agreement, from $2.1 billion to $3.3 billion.

For more on the impending NHL lockout and the ongoing CBA talks between the league and the NHLPA, stick with out StoryStream. For more on the Canadiens, Flames, Oilers or any other NHL club, check with our network of hockey blogs.

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