Donald Fehr, executive director of the NHLPA, dropped a bombshell on Friday when he announced that talks between the Players' Association and the NHL have broken off. From SB Nation's Steve Lepore:
Fehr: at this point, talks have broken off.— Steve Lepore (@stevelepore) August 31, 2012
Fehr: players are not prepared to see a reduction in their salaries.— Steve Lepore (@stevelepore) August 31, 2012
The big dispute in current negotiations is over Hockey Related Revenue and the players' share, currently at 57 percent under the current CBA. The NHL is trying to get the players to take a 50/50 share, something the players are unwilling to do under the current definition of HRR. When the NHL proposed a higher share for the players, the league redefined HRR to take away from the overall "pie" being shared; this was something the NHLPA was not willing to concede.
Fehr stated that talks have broken off for now and that no further negotiations are scheduled. The current CBA expires on Sept. 15, with the NHL promising to lock out the players on that date if no agreement has been reached.