NHL Lockout: NHL and NHLPA Set to Meet on Friday

The NHL and NHLPA have not met formally for CBA negotiations since the lockout went into effect, but it appears that is about to change.

Multiple sources have reported and confirmed that the NHL and the NHLPA will come back to the negotiating table on Friday in New York City. 

Chris Johnston of the Canadian Press sent out this tweet about a meeting scheduled for Friday:

"

 

The NHL and NHLPA have agreed to resume labour talks on Friday. A location has yet to be determined.

— Chris Johnston (@reporterchris) September 25, 2012

 

"

TSN insider Darren Dreger also sent out this tweet to suggest that New York City would be the site for the next round of negotiations:

"

 

"

 

NYC likely destinate for CBA negotiations on Friday.

— Darren Dreger (@DarrenDreger) September 25, 2012

 

"

"

Up to this point, negotiations between the two sides have been quiet due to the fact that the NHL wants the NHLPA to take an immediate cut in H.R.R. The current split in H.R.R. is 57 percent to 43 percent in favor of the NHLPA.

The NHL is still waiting for the NHLPA to submit a counter-proposal, but the NHLPA does not want to take a significant cut in H.R.R.

According to ESPN,The NHLPA has had offers that cut its share to 54.3 percent in year one of the CBA, with it slowly decreasing toward a share closer to a 50 percent split at the end of the CBA.

While there have not been any formal talks on the revenue aspect of a new CBA, Gary Bettman, Bill Daly and the Fehr brothers met and spoke at the NHLPA's alumni gala earlier this week.

With both sides coming back to the negotiation table Friday, there should be a good sense of how quickly or how long it will take to get a deal done. Right now, the lockout tension is building, but only preseason games have been lost at this point.

If the two sides can't come to an agreement on Friday and this lockout rolls on into mid-October, NHL fans could be in for a bumpy ride.

For the latest on all CBA negotiations and offers by both the NHL and NHLPA, stick with the NHL news page on Bleacher Report.