SUN Hockey Pool

Salary cap still to be settled

AL STRACHAN -- Toronto Sun

, Last Updated: 9:08 AM ET

While progress is being made in the talks between the NHL and the Players' Association, no firm agreement has been reached on the crucial salary cap issue.

A published report yesterday said the two sides had agreed upon a formula for a salary-cap system based on team-by-team revenue.

"It is inaccurate to say there is an agreement on any one item," a high-ranking NHLPA source told The Toronto Sun following yesterday's negotiation session. "Right now, lots of items are in a state of flux."

On Tuesday, the internal groups discussed economic issues, both at the league and team levels.

Yesterday, the two sides discussed a number of matters regarding players' rights and how they break down between the team and the player.

The source said that no area has yet been resolved and that every suggestion from one side earns a counter-suggestion from the other side.

"Every issue imaginable is being discussed, from economics and limits and caps to the draft and pensions," the source said.

But the good news is that the discussions are ongoing.


Videos

Photos