NHL Cancel Remainder of 2004-05 Season
The NHL announced Wednesday that the remainder of the 2004-05 hockey season has been canceled. On Tuesday, the NHL proposed a salary cap of $42.5 million per team; the players offered $49 million.
A lockout over a salary cap shut down the game before it ever got a chance to start in October. Now the NHL, already low on the popularity scale in the United States, becomes the first major pro sports league in North America to lose an entire season to a labor dispute.
"As I stand before you today, it is my sad duty to announce ... it no longer is practical to conduct even an abbreviated season," commissioner Gary Bettman said. "Accordingly, I have no choice but to announce the formal cancellation of play for 2004-05."
Now the question is whether or not hockey be back for the 2005-06 season?
UPDATE: THE NHL IS BACK IN TALKS!!!
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