The NHL lockout is nearing an end after the league and the NHL Players' Association reached an agreement during talks in New York.
A statement on the NHL website confirmed the outline of a deal had been agreed, although it is yet to approved by either side.
"The National Hockey League and the National Hockey League Players' Association reached agreement on the framework of a new Collective Bargaining Agreement early Sunday morning," the statement said.
"After a marathon 16-plus hour negotiating session at the Sofitel Hotel that began Saturday afternoon, the sides announced an agreement in principle shortly after 5 a.m. Sunday.
"The new CBA, which still must be drafted and formerly approved by both parties would replace the agreement that expired Sept. 15."
The NHL has locked out its players since the expiration of the previous collective bargaining agreement four months ago, forcing the cancellation of more than half the regular season.
