Report: NHL Owners Unanimously Vote to Lock Out Players Without New CBA

by Tim Culverhouse on Thu, Sep 13, 2012 at 8:45PM

NHL commissioner Gary Bettman announced on Thursday that
the owners have voted to approve a lockout if a new collective
bargaining agreement is not reached before Saturday’s midnight deadline.

“We are not prepared to go forward without a collective bargaining agreement,” Bettman said, according to the Toronto Sun.

Following a meeting between the owners and NHLPA on Thursday, the two sides still remain far apart in their negotiations which could signal the start of a lockout.

NHLPA executive director Donald Fehr still has hope that a new deal can get done before the NHL is forced to enter its second lockout in eight years.

“The players want to find a way to make an agreement,” Fehr said. “They want to negotiate until we do.”

The talks continue to be held up over discussions of the revenue split between the owners and players. The current CBA splits revenues 57 percent for the players, and 43 percent for owners. Current proposals from both sides lower the players share between 47 and 52 percent. Length of player contracts and revenue sharing also continue to pose problems in the bargaining talks.

There are no more talks scheduled between the two sides following Thursday’s meetings.