As the current CBA's expiration gets closer, the NHL and NHLPA will continue to keep the lines of communication open to avoid a work stoppage.
The two sides swapped proposals Wednesday and are working to get a deal done before Saturday, which is when the current CBA will expire.
Bettman says that the CBA needs to be adjusted to suit the owner's needs and that the previous agreement may have favored the players too much.
"The game on the ice has never been better. That is a function of this system," Bettman told NHL.com. "The system that was originally negotiated in our view needs some adjustments, and if it turned out to be a too rich a deal for the first seven years, we lived with it but I'm not going to apologize for saying, 'You know what, we need to adjust it.' "
While the deadline for an agreement continues to creep closer, NHLPA Executive Director Donald Fehr says that they expect a deal to be done, but are prepared for a lockout if it comes to it.
"Our position will be once the lockout begins that we're not going to walk away from discussions and we'll certainly be prepared if we have anything new to say," Fehr told NHL.com. "We're not going to stand on ceremony. Hopefully they'll be on the same page. But I think it's very difficult what to predict if we get there. I like to still believe that we won't."
While the two sides seem committed to get a deal done, time is not on their side. With Saturday being the deadline, they will need to pick up the pace to avoid a lockout.
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