Nissan to lay off thousands of workers as sales drop    Trump picks Susan Wiles as White House chief of staff    Three charged in connection with Liam Payne's death    Israel passes law to deport relatives of attackers, including citizens    Monkey mayhem in South Carolina after 43 primates escape research facility    Russian anti-war teenager faces five years in jail after failed appeal    Uproar in Ghana after president unveils his own statue    BD and INS partner to elevate standards of infusion care in MENAT    Qassim emir launches 52 health projects costing a total of SR456 million    Dubai Design Week launches its 10th edition, celebrating creativity and innovation    Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Arab leaders and heads of state congratulate US President-elect Donald Trump    Neymar suffers muscle tear, out for 4-6 weeks    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    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 cancels first two weeks of regular season
Published in The Saudi Gazette on 06 - 10 - 2012

NEW YORK – The National Hockey League (NHL) canceled the first two weeks of the 2012-13 regular season Thursday with no end in sight to the labor dispute with locked-out players.
The decision impacts 82 games that were scheduled from Oct. 11-24 and marked the first time regular season action has been canceled since a lockout wiped out the entire 2004-05 season.
“We were extremely disappointed to have to make today's announcement. The game deserves better, the fans deserve better and the people who derive income from their connection to the NHL deserve better,” NHL Deputy Commissioner Bill Daly said in a statement.
“We remain committed to doing everything in our power to forge an agreement that is fair to the players, fair to the teams and good for our fans.”
Among the early games canceled were the Stanley Cup champion Los Angeles Kings' home opener versus the New York Rangers on Oct. 12 and a matchup of Original Six NHL teams on Oct. 13 between the Toronto Maple Leafs and Montreal Canadiens.
The block of games could still be rescheduled if the feuding sides reach a timely agreement to end the work stoppage, something that many experts say is unlikely given the wide gulf between the two sides.
The NHL imposed a lockout, which essentially halted all league operations, when the previous collective bargaining agreement expired 18 days ago with the owners and players at odds over how to divide a $3.3 billion revenue pie.
The league had already said it would lose about $100 million in revenue from its earlier decision to scrap the entire two-week preseason schedule.
The union representing NHL players pointed the finger at the owners, saying the decision to cancel games was made by them.
“If the owners truly cared about the game and the fans, they would lift the lockout and allow the season to begin on time while negotiations continue,” NHL Players' Association Executive Director Don Fehr said in a statement.
“A lockout should be the last resort in bargaining, not the strategy of first resort.”
Over 100 players, including Washington Capitals captain Alex Ovechkin and the league's most valuable player Evgeni Malkin of the Pittsburgh Penguins, have since signed deals to play in Europe while the NHL sorts out its fourth work stoppage in 20 years.
Confronted with yet another showdown between billionaire owners and millionaire athletes, the NHL and its players are once again rolling the dice and testing the loyalty of sponsors, business partners and fans suffering from lockout fatigue.
The labor dispute is the third in an 18-month span to hit a professional North American sports league following lockouts in the National Football League and National Basketball Association last year.
The NHL, which enjoyed record-breaking revenues last season, had most recently offered its players a six-year deal, with an initial 49 percent share of revenues dipping to 47 percent over the term of the agreement.
Players received 57 percent of revenue under the old deal.
The latest proposal from the players' union was tied to projected future revenues with players willing to take a smaller slice of the pie as the league grows. The union's offer opened with players earning 54.3 percent of revenues, dipping to 52.7 percent. “This is not about ‘winning' or ‘losing' a negotiation. This is about finding a solution that preserves the long-term health and stability of the League and the game,” said Daly. — Reuters


Clic here to read the story from its source.