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NHL Players Approve Collective Bargaining Agreement With Owners

Jan. 12 (Bloomberg) -- The National Hockey League Players’ Association approved the new collective bargaining agreement reached with the owners last week.

While the vote ratifies the 10-year agreement between the sides, a written memorandum of understanding must be completed before the deal becomes final, the union said in a statement.

The two sides will continue to work on the memorandum, the union said. Once it’s completed, training camps can open and the schedule for a lockout-shortened season will be announced.

The NHL’s Board of Governors approved the new agreement on Jan. 9. The two sides agreed on the contract’s framework three days earlier, ending a shutdown that began on Sept. 16 and forced the cancellation of over 600 games.

To contact the editor responsible for this story: Bob Bensch at bbensch@bloomberg.net

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