According to Sportsnet's Nick Kypreos , Wednesday's CBA negotiations in New Jersey with mediators present ended with "no progress."
Kypreos tweeted that owners remain firm on their "take it or leave it" stance regarding a proposal offered last week. That proposal included a $300 million "make whole" going to the players to offset what the players would lose in hockey-related revenue. It also included a five-year limit on contracts (with a seven-year limit for clubs signing their own players) and a 10-year term on the next CBA, with a potential opt-out after eight years. When the players countered the offer with a proposal that had an eight-year limit on contracts (with the ability to extend players so their contract runs eight years ahead at any time) as well as an eight-year CBA term with an opt-out after six, negotiations broke off.
Comissioner Gary Bettman had said Thursday that what the owners had offered was off the table, though the owners still taking a take-it-or-leave-it-stance on their last offer at the very least suggests that they haven't gone backwards, as they had threatened.
For more on the NHL lockout and the Bruins, visit weei.com/bruins .