NHL agrees provisional deal with players to end lockout
- 6 January 2013
- From the section Business
The National Hockey League (NHL) has reached a provisional agreement with players to end a near four-month lockout that had threatened to wipe out the whole season.
After 16-hours of negotiations, the two parties agreed a "framework", which still needs final approval.
"We have to dot a lot of i's and cross a lot of t's," said NHL Commissioner Gary Bettman.
The two sides are in dispute over how to split $3.3bn (£2.1bn) in revenue.
"There is still a lot of work to be done, but the basic framework has been agreed upon," Mr Bettman said.
"We have to go through a ratification process and the Board of Governors has to approve it from the League side and, obviously, the players have to approve it as well."
He said a decision about when to restart games had not been agreed.
The US and Canadian league locked the players out in mid-September, a month before the season was due to begin.
The work stoppage is the fourth in 20 years for the NHL. A previous union dispute saw the entire 2004-2005 season cancelled.