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Both leaders taking big risks

Updated: September 16, 2004, 5:43 PM ET
By Mark Kreidler | Special to ESPN.com

Not that the hockey negotiations aren't going to proceed in utterly good faith, but the NHL owners piled up a $300 million war chest and the players union long ago warned its members to be ready to go 18 months without a paycheck.

Not that the negotiations aren't quite as good as resolved, but the owners say a salary cap is the only way to go and the players say the one thing they'll never accept is a salary cap.

Not that this thing has a chance to stretch out to the point of essentially ...

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