<TABLE cellSpacing=0 cellPadding=0 width=750 border=0><TBODY><TR><TD class="" vAlign=top width=560><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD height=7><SPACER height="1" width="1" type="block"></TD></TR><TR><TD class=yspsctnhdln>NHL, NHLPA meet for nine hours; talks resume Thursday in larger group</TD></TR><TR><TD height=7><SPACER height="1" width="1" type="block"></TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD>
June 1, 2005
TORONTO (AP) -- The NHL and the players' association held small-group discussions for nine hours Wednesday, again working on a review of revenue measurement and financial reporting issues.
The meetings in an attempt to negotiate a new collective bargaining agreement will continue with a larger group Thursday as the sides try to find common ground on team revenues and how to associate them to a salary cap.
Both sides have agreed that a salary cap model with an upper and lower limit will be the centerpiece of a new agreement, but have labored through the financial review in order to tie revenues to the moving cap figure.
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</NOSCRIPT></TD></TR></TBODY></TABLE>Wednesday's session was the 17th meeting since the season was canceled Feb. 16.
Ted Saskin, senior director of the NHLPA, was joined in Wednesday's meetings by outside counsel John McCambridge, associate counsel Ian Pulver, players' executive committee president
Trevor Linden and vice president
Vincent Damphousse.
Bill Daly, the league's chief legal officer, represented the NHL along with
Boston Bruins owner Jeremy Jacobs, outside counsel Bob Batterman, NHL general counsel David Zimmerman and lawyer Shep Goldfein. NHL commissioner Gary Bettman, director of hockey operations Colin Campbell,
New Jersey Devils CEO and general manager Lou Lamoriello, board of governors chairman Harley Hotchkiss of the
Calgary Flames and
Nashville Predators owner Craig Leipold are expected to join the discussions Thursday. NHLPA executive director Bob Goodenow will also participate Thursday, along with
Brendan Shanahan of the
Detroit Red Wings.
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