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According to TSN, a new collective bargaining agreement could be done by early June. The two sides have really picked up the pace of the meetings, meeting for over 14 hours on Thursday and then meeting over the weekend as well. Daly's comments also coincide with the rumor that a deal was close, and both sides trying to meet a June 15th deadline before sponsors take their money elsewhere.
http://www.tsn.ca/nhl/news_story.asp?id=125870
http://www.tsn.ca/nhl/news_story.asp?id=125870