UPDATED
A five-hour meeting between the NHL and NHLPA just broke up at 1 a.m. ET and NHLPA Executive Director Don Fehr said the sides moved closer together on a few issues but remain apart on others. Still work to be done.
There was a mediator involved in today's meetings. Commissioner Gary Bettman said the sides will meet Thursday morning at the mediator's request.
The good news is Fehr did not hand Commissioner Gary Bettman a letter informing him the union will disclaim interest -- i.e. dissolve, i.e. walk away from representing the players and becoming a "trade association."
That's good news because if the union dissolves, lawsuits could be filed, things become a whole lot more complicated and basically it's completely unknown what could happen next. The season could very well be in peril if that were to happen.
Last month, the players voted to authorize the union to disclaim interest by midnight Jan. 2 if no deal was near.
Since no disclaimer was filed, union reps are still acting on the players' behalf. If that's the case, one would believe there's enough traction to keep on trucking as an actual union.
The big issue today according to multiple reports has been pensions. Under the previous collective bargaining agreement, teams were responsible for 3/4 of the pensions.