Negotiations between the NHL and NHLPA continued into the evening for the second straight day on Wednesday.
Revenue sharing and the "make whole" proposal were the main points of discussion during the five-hour session.
According to CBC.ca, the two sides concluded talks just before 9 p.m. ET and agreed to meet again on Thursday.
These negotiations stem from a lengthy meeting Saturday between NHL deputy commissioner Bill Daly and NHLPA general counsel Steve Fehr. Daly and Fehr held talks at an undisclosed location Saturday afternoon and didn’t part ways until well after midnight.
After the NHLPA held conference calls with its negotiating committee on Sunday and Monday, CBA talks resumed Tuesday. Gary Bettman, Donald Fehr, Sidney Crosby and numerous other NHL players were among those in New York for the first formal negotiations since Oct. 18.
Both sides remain tight-lipped on this week’s talks, which continue to be held at an undisclosed location. Revenue sharing may be a focal point of discussions, but it’s important to remember that other issues such as the length of player contracts, unrestricted free agency and arbitration still have to be addressed.
The NHL has already cancelled all games through Nov. 30, along with the Winter Classic between the Detroit Red Wings and Toronto Maple Leafs, previously scheduled to take place on Jan. 1 at Michigan Stadium.
The NHL season was supposed to start Oct. 11 and the league has ruled out playing hockey in July. With that said, if a deal is struck in the coming days, the 2012-13 NHL season would likely consist of 72 games at most.