An informal meeting on Friday between representatives for the NHL and NHLPA ended with no progress being made towards a resolution. The two sides will reconvene on Saturday to try and move closer to an agreement.

Talks are done for tonight in NY. NHL and NHLPA won't decide the next step before Saturday.

— Renaud P Lavoie (@RenLavoieRDS) September 8, 2012

If the two sides don't come to an agreement by Sept. 15, the NHL will lock the players out for the second time in a decade. Friday's meetings were between NHLPA executive director Donald Fehr, his assistant Steve Fehr, NHL commissioner Gary Bettman and Bill Daly, the NHL's deputy commissioner.

The NHL is asking the players to take a reduction in their share of overall revenues while also agreeing to curtail free agency and end salary arbitration.

For more on the CBA talks, head over to SB Nation's NHL news hub.