NHL and Players Association Agreement Ends Midnight Saturday, Lockout Looming (Video)

With no negotiations currently scheduled and the collective bargaining agreement between the NHL and its players ending on Saturday at midnight, the lockout is nearly upon us.

This will be the fourth work stoppage in just 20 years for the NHL, the last coming in 2004-2005 when the entire season was cancelled.

Dale Arnold spoke to NESN hockey analyst Billy Jaffe on NESN Daily about the impending work stoppage. Jaffe said the fear is that every day the strike goes beyond the Saturday deadline, there's a "1 percent better chance" that the entire season could be cancelled again.

The two major points the NHL and NHLPA will have to agree on before the lockout is lifted is what percentage the players will be taking in hockey-related revenue and whether the owners will be able to agree to revenue sharing between the larger and smaller market clubs.

To see what Jaffe had to say about the lockout, watch the video above.

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