Saudi Arabia ranked first globally in empowering women in AI    Saudi, Iraqi defense ministers discuss regional situation in phone call    Jeddah airport serves over 5.3 million passengers during 5-week peak Umrah season    Woman becomes first in UK to give birth after womb transplant    IMF Chief lauds Saudi Arabia for its prudent leadership of IMFC    Saudi stocks extend rally as TASI hits 11,500 points    Supreme Court pauses midnight deadline to return man mistakenly deported to El Salvador    Beijing vows to 'fight to the end' as Trump threatens 50% more tariffs    US in direct nuclear talks with Iran, Trump says    Six cases of child malnutrition found in Samos migrant camp, medical charity says    Women make up 20% of e-sports players in Saudi Arabia    KSrelief signs agreement to care for orphans in earthquake-affected areas of Syria    First baby born in UK to woman with transplanted womb    Pakistani star's Bollywood return excites fans and riles far right    Saudi Arabia highlights long standing relationship with UNESCO during Executive Board meeting    Ithra to showcase its art collection at Riyadh Art Week    6.8 million people travel via four Saudi airports during 2025 Umrah season    The Seven Dogs wraps filming in Riyadh with a budget exceeding $40 million    Saudi U-17s qualify for 2025 FIFA World Cup after win over Thailand    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    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 owners and players move closer to votes for Jan. 19 start
Published in The Saudi Gazette on 10 - 01 - 2013

NEW YORK — All that is left of the NHL lockout are a pair of votes by owners and players.
If both sides approve the tentative deal reached over the weekend — as expected — training camps will be open by Sunday.
The league's board of governors will meet Wednesday in New York, and the 30 club owners will vote on the agreement that was reached in the early morning hours of Sunday after a 16-hour negotiating session.
If a majority approves, the NHL will move one step closer toward the official end of the lockout that began Sept. 16.
The league and the players' association were still working on one more key piece of business Tuesday night that must be settled before hockey is truly back.
“We are trying to finalize a summary document, and we are very close on that,” NHL deputy commissioner Bill Daly told The Associated Press in an email. “That will be turned into a (memorandum of understanding) with more detailed language that won't be signed until this coming weekend.”
The union was waiting for that initial document before it scheduled a vote for its more than 700 members. A majority of players also must approve the deal before the lockout can end. If there are no snags, ratification could be finished by Saturday and training camps could open Sunday. A 48-game regular season would then be expected to begin on Jan. 19.
“(We) don't need a signed document to complete ratification process,” Daly wrote.
The NHL has yet to release a new schedule. The regular season was supposed to begin on Oct. 11.
The deal was reached Sunday, the 113th day of the lockout, and seemingly saved a season that was delayed for three months and cut nearly in half. It took a marathon final bargaining session in a New York hotel for the agreement to finally be completed at about 5 a.m. local time.
The lockout led to the cancellation of at least 480 games, depending on the length of the upcoming season. That brings the total of lost regular-season games to a minimum of 2,178 during three lockouts under Commissioner Gary Bettman.
The damage is significant. Perhaps $1 billion in revenue could be lost this season, given about 40 percent of the regular-season schedule won't be played. Players also will lose a large part of their salaries, not to mention time from their careers.
Hockey's first labor dispute was an 11-day strike in 1992 that led to the postponement of 30 games. Bettman became the commissioner in February 1993.
He presided over a 103-day lockout in 1994-95 that ended with a deal on Jan. 11, then a 301-day lockout in 2004-05 that made the NHL the only major North American professional sports league to lose an entire season. The NHL obtained a salary cap in the agreement that followed that dispute and now wanted more gains.
The NHL's revenue of $3.3 billion last season lagged well behind the NFL ($9 billion), Major League Baseball ($7.5 billion) and the NBA ($5 billion), and the deal will lower the hockey players' percentage from 57 to 50 — owners originally had proposed 46 percent.
This was the third lockout among the major US sports in a period of just more than a year. A four-month NFL lockout ended in July 2011 with the loss of only one exhibition game, and an NBA lockout caused each team's schedule to be cut from 82 games to 66 last season. — AP


Clic here to read the story from its source.