Mediators fail to spark progress in NHL lockout

Last updated 13:22 30/11/2012

Relevant offers

Other Sports

Team New Zealand funding at risk as Auckland reportedly loses challenger series Hamilton Boys' High School defend Maadi Cup title in dramatic fashion Andrew Hewitt happily pins favourite tag on Gwen Jorgensen for Auckland triathlon Auckland hat-trick bodes well for triathlon champ Gomez Paige Hareb eliminated from Taranaki pro competition It's win or bust for Brian Minto at Super 8 event in Christchurch Pechstein doping ruling 'threatens sport's disciplinary system' Waikato schools do well on first day of finals at Maadi Cup Triathlete Ryan Sissons looking for strong Auckland showing with Rio in mind Adam Hollioake relishing underdog status as he gears up for Super 8 bout with Monty Betham

Federal mediators brought in to help resolve the National Hockey League's labour dispute have had little impact as the league and locked-out players wrapped up two days of meetings with no progress to report.

The NHL and union representing its players brought in US federal mediators to assist in negotiations this week because of the lack of progress since the lockout started in mid-September.

"After spending several hours with both sides over two days, the presiding mediators concluded that the parties remained far apart, and that no progress toward a resolution could be made through further mediation at this point in time," NHL Deputy Commissioner Bill Daly said in a statement.

"We are disappointed that the mediation process was not successful."

The lockout, which the NHL has said is costing it $18-$20 million a day, has already resulted in the cancellation of 34 per cent of the regular season, the showcase outdoor Winter Classic on New Year's Day and January's All-Star Weekend.

The mediators were brought in with hopes of helping both sides reach an agreement over how to split $3.3 billion in hockey related revenue.

While both sides have agreed in principle to a 50-50 split of hockey related revenue, they remain at odds over how they will reach the target.

Owners are demanding an immediate reduction from the 57 per cent players received under the previous agreement while the union would like to see the cuts brought in gradually.

Ad Feedback

- Reuters

Special offers
Opinion poll

Will Shane Cameron beat Kali Meehan on Saturday?

For sure. Cameron will knock him out.

It will be close but I think Cameron on points.

Meehan will knock him out. This is his last fight.

I'm tipping Meehan to win on points.

Vote Result

Featured Promotions

Sponsored Content