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.
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