Fox News
Expand
Browse All Video
Watch Live

You're watching...

NHL Players' Association reach tentative deal to end lockout

Details

  • Description

    Anna Kooiman reports from New York

  • Duration 2:45
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

It looks like -- will be some hockey this year.

The National Hockey League in the NHL players' union have reached a tentative deal early this morning -- and they nearly four month old lockout that threatened to wipe out the entire season.

And it when he joins me now with details are right this deal -- a long time coming and a.

You better believe it after a 113.

Days.

Off the ice the NHL in its players finally reaching an agreement over how to split the record 3.3 billion dollars may last season.

In the schedule should resume later this month with just under half the season left.

The new ten year deal was reached early this morning after a marathon sixteen hours of negotiations.

And will replace the one that expired on.

September the fifteenth however it's not final until ratified by thirty team owners and about 740 players.

Under the terms players and team owners will share revenues 5050.

A significant drop for the players but the minimum salary will increase over the next ten years.

And players will receive a defined benefit pension plan for the first time.

Here's what both sides had to say about the new ten year agreements.

We kind of got a lot of bars -- a lot of tees there's a lot of work to be there and but basic framework of the deal has been agreed upon the bottom line is we worked.

As far as we could to get it done and and at the end of the day we don't we.

Two men -- -- accomplished on.

Looking a little bleary -- there this is the third time in less than two decades.

A large portion of the season was wiped out.

Our -- and ask how are fans reacting tonight what relieved an upset pretty much as you'd expect right.

They're just ready to stop hearing about the labor disputes -- get back to watching the sport.

Well these universities and I woke up and I.

I was really surprised that it.

It's unfortunate -- -- so -- to resolve this time -- billionaire owners and millionaire players and you know candidate it's -- good.

And we did ask the players association.

What they would say to fans wishing something -- been done a lot sooner and they emphasize this was a lock out and not strike.

It's -- -- it's gonna impact the little guy out there who plans to see these games.

Well here's what -- tell you there -- no national estimates on.

The told a small businesses that restaurant and bar owners particularly those close to the arena has really took a beating chaining some reporting business down 75%.

From.

Where it normally be on game nights others saying they had that.

What -- the majority of their employees and attempts to keep their doors open ticket -- security guards food vendors apparel retailers in team office employees.

Also suffered over the last several months but hopefully.

Things are starting to look a little bit brighter for them as well and and one penguins fan who's going to be very happy about your hockey there yeah and back and I think -- so much.

Load More