Saudi Cultural Week kicks off in Osaka to mark 70 years of Saudi-Japanese ties    Tourism Ministry shuts 10 unlicensed travel agencies in Riyadh    Saudi authorities arrest over 21,000 residency and labor violators in one week    Saudi graduates see record job market entry in 2024    Israeli defense minister boasts destruction of Beit Hanoun amid Gaza offensive    Von der Leyen vows to defend EU interests after Trump announces 30% tariffs    PKK lay down arms in northern Iraq in symbolic disarmament    U.S. judge blocks immigration arrests in Los Angeles over racial profiling claims    CMA approves major reforms to ease investment account access for foreign and local investors    Saudi Arabia reaffirms OPEC+ compliance as June crude supply hits 9.35 million bpd    Riyadh's Creative District to welcome Italy's Istituto Marangoni    France's Lady Liberty artwork goes viral as a new Statue of Liberty could be in the works    Saudi population reaches 35.3 million in 2024, majority under 65    Abdullah Al-Qaisoom wins silver at Asian Youth and Junior Weightlifting Championship    Aubameyang's future at Al Qadsiah in doubt after cryptic post comparing Saudi League strikers    Theo Hernández: Al Hilal can compete with Europe's best    SFDA approves 'Winrevair' for rare pulmonary hypertension treatment    HONOR returns to Esports World Cup as Official Smartphone Partner for 2025 The renewed commitment will see HONOR elevate mobile esports competition with cutting-edge AI technologies and industry-leading hardware    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



NHL ready for lockout without new deal
Published in The Saudi Gazette on 11 - 08 - 2012

NEW YORK — Talks between the NHL and the players' association turned sour Thursday, with NHL Commissioner Gary Bettman saying that a “wide gap” divides the two sides and that the owners will not proceed with the 2012-13 season if no new collective bargaining agreement is in place when the current one expires on Sept. 15.
Bettman spoke soon after Donald Fehr, the union's executive director, told reporters that a “meaningful gulf” separates the owners and players.
The prospect of a lockout delaying the NHL season, already a strong probability before Thursday, now seems stronger, according to a New York Times report.
“I reconfirmed something that the union has been told multiple times over the last 9 to 12 months: namely, that the time is getting short and the owners are not prepared to operate under this collective bargaining agreement for another season,” Bettman said after the two-hour negotiating session in Midtown Manhattan.
Last month Bettman indicated that the owners would not continue after Sept. 15 if a new agreement wasn't in place. But his statement Thursday was unequivocal.
Bettman and Fehr's characterizations of contentious differences between management and union were the first public statements by either side indicating anything other than cordiality. But privately, union officials have long expressed consternation over what they see as a radically hardline stance taken by Bettman and the owners.
The owners' initial proposal, made on July 13, would cut the players' split of league revenue from 57 percent to as low as 43 percent. It would also limit contract lengths, extend entry-level contracts from three to five years, make players ineligible to become restricted free agents until 10 years of service rather than the current seven, and eliminate salary arbitration.
The players' association has not yet made its initial offer, but Fehr said it was likely to come Tuesday at a negotiating session in Toronto.
In that proposal, the union is expected to reject any reduction in the players' split of league revenue. Instead, the union will likely propose that clubs adopt a broader revenue-sharing plan among themselves to help the NHL's roughly half-dozen money-losing clubs.
But such a proposal was effectively given the cold shoulder last week by Bettman, who revealed that the owners had proposed only a slightly tweaked version of the current revenue-sharing plan. That plan provides a relatively small amount to some of the money-losing clubs, but nothing to those in large markets, like the Islanders. — Agencies


Clic here to read the story from its source.