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Thursday, June 2, 2005
No comment but sides plan to meet again Friday

Associated Press

TORONTO – The NHL and players' association will meet for a third straight day of negotiations on Friday following two days of small-group talks that focused on revenue calculation and financial reporting.

Each side declined to comment about the details of the 10-hour meeting Thursday, which followed Wednesday's 10-hour session.

"As we will be resuming negotiations Friday, we will defer comment on the status of negotiations until that session is complete," Bill Daly, the NHL's chief legal officer, said in a statement.

The sides have focused on a review of revenue measurement and financial reporting issues, trying to reach common ground on team-by-team revenues and how to associate them to a salary cap. The league and union have agreed that a salary cap model with an upper and lower limit will be the centerpiece of a new collective bargaining agreement.

The small-group meetings carried over from Wednesday's session to Thursday. NHL commissioner Gary Bettman and players' association executive director Bob Goodenow were on hand, but didn't meet face-to-face. In addition to small-group meetings, each side spent some time in caucus.

Small-group talks will resume early Friday before Bettman and Goodenow join their sides for a bargaining session.

"We continued our small-group meeting throughout the day and evening, and plan to meet again tomorrow morning in both small and large groups. We will not be making further comment until tomorrow's meetings have concluded," NHLPA senior director Ted Saskin said in a statement.

Thursday's session was the 18th between the sides since the season was canceled Feb. 16.