Any optimism that a deal between the NHL and the Players Assn. might be imminent following the unions presentation of a comprehensive collective bargaining proposal Wednesday morning lasted only a few hours.
Thats all it took for the sides to meet and for the NHL to reject the proposal, in which players said they had made moves toward the NHLs stance in several areas.
We are still far apart. Its frustrating for everybody, NHL Commissioner Gary Bettman told reporters in New York.
He also said the league is losing 18 million to 20 million a day during the lockout, which it imposed on Sept. 15 when the previous collective bargaining agreement expired. Those losses are likely to be reflected in future proposals made by the NHL. The league already thinks the players are asking for too much money in the make whole provision that was designed to cushion the blow of escrow payments that players will have to make when their share of hockey-related revenue is reduced from last season's...