The word "lockout" is looming over another major pro sport, this time the National Hockey League. In question-and-answer form, this is a look at the issues and implications of a work stoppage in the NHL.
Q: Why is the NHL having labor issues?
A: At its core, this is a dispute over money.
The league's labor contract, agreed to seven years ago, expires at midnight EDT Saturday night. Having gained a salary cap in the current collective bargaining agreement, NHL owners want additional economic concessions from players. Players currently receive 57 percent of hockey-related revenue, and the owners want to bring that number down as far as perhaps 47 percent. The union offered a deal based on actual dollars, seeking a guarantee of the 1.8 billion players received last season.
Q: Why do owners need a better deal?
A: NHL Commissioner Gary Bettman says "in these economic times there is a need to retrench." He says the last deal the players got was fair. In fact, ...