Originally posted on Sports Business Digest  |  Last updated 10/3/12

It might be an understatement to say things aren't looking too good at the moment for the NHL. The NHL and the NHLPA continued to discuss a new collective bargaining agreement on Tuesday, ending a two-hour negotiating session with what NHL Deputy Commissioner Bill Daly termed as "no progress".

"Today wasn't overly encouraging, that's for sure," Daly said after the latest meeting toward establishing a new Collective Bargaining Agreement. "I think it goes back to us really tackling the main issues that are at issue in this negotiation and seeing if we have some traction toward some middle ground. "We're looking for a long-term deal that's fair for the players, fair for the teams and good for the fans. That's what we want out of this negotiation and we need a negotiating partner to get there."

No Progress. The league, which has already canceled the entire pre-season is almost certainly put in the position of having to cancel at least a portion of the 2012-2013 regular season, with those games being scheduled to start on October 11th. The league has already suffered $100 million in losses the price tag for canceling the preseason, according to Daly. Both sides are counting the loss, with neither side recouping the money. The NHL brings in roughly $3.3 billion in revenue per season. No further meetings between the two sides are currently scheduled, but NHLPA Executive Director Donald Fehr stated that he was having regular conversations with NHL Commissioner Gary Bettman. Still at issue is how both sides will divide the league's hockey-related revenue for the foreseeable future. While both sides do not seem to be any closer on that issue, Fehr believes that further discussions on the other, not as critical issue, of defining and interpreting hockey-related revenue can be nothing but helpful to solving the overall labor problem,

"From our standpoint you ought to be continually talking, even if you are disagreeing and not making progress, because you never know when somebody is going to say something that's going to spark an idea that will allow you to make progress," Don Fehr said. "If you're not doing well on subject A and subjects B, C, D and E need to be talked about, sooner or later we ought to be talking about those things. Even if you don't reach resolution on those things, hopefully we push them along."

While there are certainly some fans that still hope that the season will start on time, Daly's last words to reporters were telling,

"Certainly we're trying to be as creative as we can be and we want to think of ways to approach the issue," Daly added. "But, unless and until we hear from them and they make some movement or show some willingness to compromise I'm not sure how we get this done."

; information for this story: NHL.com/Dan Rosen (@drosennhl) ;

GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Jason Peters: Eagles practiced too much under Chip Kelly

Report: Giants’ Victor Cruz cleared to practice

PETA sends Warren Sapp vegan lobster following shark bite

Report: Josh McCown has looked better at times than RG3

Mike Trout does David Ortiz impersonation

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Suspended Steelers WR Martavis Bryant set to help coach HS football

Tickets for ‘Monday Night Football’ game in Mexico sell out

Kevin Durant says he never told Russell Westbrook he was staying in OKC

God Shammgod hired by Mavericks as player development assistant

Soccer player terminates contract after being attacked by stray dogs

Todd Bowles confirms Ryan Fitzpatrick is Jets starting QB: ‘It’s his job’

Ronda Rousey denies being pregnant despite rumor

Eight most overpaid offensive players in NFL

Giants acquire All-Star Eduardo Nunez from the Twins

Vikings QB injured trying to kick open door

Josh Gordon thankful for support from Browns

Report: Seahawks DE Chris Clemons retiring

Denard Robinson blames falling asleep at stoplight for pond crash

Everything that's already gone wrong at the Rio Olympics

Hue Jackson: Browns will give Josh Gordon a fresh start

Diamondbacks nearing Daniel Hudson trade

Amar'e Stoudemire's presence (and absence) changed the NBA

What would George Costanza have traded to get Bonds and Griffey?

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Everything that's already gone wrong at the Rio Olympics

Amar'e Stoudemire's presence (and absence) changed the NBA

We asked Team USA: What other Olympic sport would you play?

Why Gary Bettman's CTE denial is cause for concern for NHL

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker