Oprah to interview Lance Armstrong

LOS ANGELES (AP) -- Lance Armstrong has agreed to a tell-all interview with Oprah Winfrey where he will address allegations that he used performance-enhancing drugs during his cycling career.
According to a release posted on Oprah's website on Tuesday, it's the first interview with Armstrong since his athletic career crumbled under the weight of a massive report by USADA detailing allegations of drug use by the famous cyclist and teammates on his U.S. Postal Service teams.
It's unclear if the interview at Armstrong's home in Austin, Texas, has already been taped. Nicole Nichols, a spokeswoman for Oprah Winfrey Network & Harpo Studios, declined comment.
The show will air at 9 p.m. EST on Jan. 17 on OWN and Oprah.com.
Armstrong has strongly denied the doping charges that led to him being stripped of his seven Tour de France titles, but The New York Times reported Friday he has told associates he is considering admitting the use of PEDS.
The newspaper report cited anonymous sources, and Armstrong attorney Tim Herman told The Associated Press that night that he had no knowledge of Armstrong considering a confession.
Earlier Tuesday, ''60 Minutes Sports'' reported the head of the U.S. Anti-Doping Agency told the show a representative for Armstrong offered the agency a ''donation'' in excess of $150,000 several years before an investigation by the organization led to the loss of Armstrong's Tour de France titles.
In an interview for the premiere airing on Showtime on Wednesday night, USADA CEO Travis Tygart said he was ''stunned'' when he received the offer in 2004.
''It was a clear conflict of interest for USADA,'' Tygart said. ''We had no hesitation in rejecting that offer.''
Herman denied such an offer was made.
''No truth to that story,'' Herman wrote Tuesday in an email to the AP. ''First Lance heard of it was today. He never made any such contribution or suggestion.''
Tygart was traveling and did not respond to requests from the AP for comment. USADA spokeswoman Annie Skinner said Tygart's comments from the interview were accurate. In it, he reiterates what he told the AP last fall: That he was surprised when federal investigators abruptly shut down their two-year probe into Armstrong and his business dealings, then refused to share any of the evidence they had gathered.
''You'll have to ask the feds why they shut down,'' Tygart told the AP. ''They enforce federal criminal laws. We enforce sports anti-doping violations. They're totally separate. We've done our job.'
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Neah Power Systems Issues Letter to Shareholder Highlighting Recent Developments

Neah Power continues its aggressive efforts to commercialize proprietary patented fuel cell technology – the PowerchipTM product and the PowerPlay™ product - that has the potential to revolutionize the energy storage marketplace.

Bothell, WA (PRWEB) January 07, 2013
Neah Power Systems, Inc., (OTCBB: NPWZ) http://www.neahpower.com, a developer of power solutions using proprietary, award winning technology for the military, transportation, and portable electronic devices, issued a letter to shareholders highlighting recent developments as part of its ongoing communication plan.
Neah Power continues its aggressive efforts to commercialize proprietary and patented fuel cell technology. The Powerchip™ product and the PowerPlay™ product have the potential to revolutionize the energy storage marketplace.
"Over $50 million has gone into the Company, and we are starting to see the benefits," said Dr. Chris D’Couto, CEO. He continued to say “The company recently introduced PowerPlay™ technology that leverages some key components of the Powerchip™ technology to build a low-cost, consumer-oriented product.” Some of the key recent developments giving rise to an optimistic future include:

Product shipment to a Fortune 150 defense contractor
Continued licensing discussions with a foreign Defense entity
Scope of work and commercial proposal for a large aerospace company
Verified interest in off-grid power solutions
Various consumer and telecommunications applications of the PowerPlay™ technology
Various grant proposals jointly submitted by the company and its customers
Please visit http://www.neahpower.com to view the detailed Letter to Shareholders and view the corporate video ‘About Neah Power Systems’ which is a very informative overview of the Company and the Powerchip™ and PowerPlay™ technologies. The company continues to be optimistic about opportunities, and advise readers to review publically available information on annual report 10-K recently filed.
About Neah Power

Neah Power Systems, Inc. (NPWZ.OB) is a developer of long-lasting, efficient and safe power solutions for the military, transportation, and portable electronics applications. Neah uses a unique, patented and award winning, silicon-based design for its PowerchipTM and PowerPlay™ micro fuel cells that enable higher power densities, lower cost and compact form-factors. Previous awards include the 2012 ZINO Green finalist, the 2010 WTIA finalist, and 2010 Best of What’s NewTM Popular Science and other awards. The Company’s micro fuel cell system can run in aerobic and anaerobic modes.
Further Company information can be found at http://www.neahpower.com.

________________________________________
Forward-Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See Neah Power System’s Form 10-K for the fiscal year ended September 30, 2011 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2012 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the Company does not undertake any responsibility to update any of these statements in the future.
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OnFarm Released for Growers, First to Integrate Fixed Field Agriculture Information

OnFarm, the first company to integrate field, cloud, and activity information into a single agriculture dashboard has been released for customers.

Fresno, CA (PRWEB) January 07, 2013
OnFarm represents a fundamental shift in the way farmers run their operations. By putting critical information at their fingertips, OnFarm gives farmers a competitive edge in the global marketplace.
OnFarm enables a farmer to see real-time growing conditions, soil moisture, pesticides, field conditions, weather, and other vital information on their PC, tablet, or smartphone. Armed with this information, growers can better plan their day, manage their costs, and increase their production. OnFarm is collaborative and allows farmers to share their information with ranch managers, irrigators, field staff, and agricultural consultants.
OnFarm has partnerships with several leading agriculture companies to integrate data. Farmers with information from Agrian, McCrometer, Adcon, Decagon, Irrometer, Banner, or C3 can access their data in OnFarm. The OnFarm integrated dashboard can significantly improve the decision making process throughout the entire farming operation, a major advantage for today’s farmers.
Growers interested in how OnFarm can benefit their operation should contact 559-483-9508 or sales(at)onfarmsystems(dot)com.
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SB-Tickets.com Announces Super Bowl Ticket and Hotel Availability Leading Up To The Championship Games

In approximately 2 weeks, following the conference championship games the site will begin to list specific seating arrangement including section and row to give customers a concrete location when making their purchase.

New Orleans, LA (PRWEB) January 07, 2013
SB-Tickets.com a leading Super Bowl ticket marketplace is conducting heavy preparations for this year’s game in New Orleans. The 2013 Super Bowl is taking place on February 3, 2013 at the Mercedes-Benz Superdome on Sugar Bowl Drive. This year Super Bowl week is falling in between two weeks of Mardi Gras, meaning all the party atmosphere will be lingering around from the first week of celebrations and you are guaranteed to have a good time.
With a slim amount of hotel accommodations directly assessable to fans and all of which are miles and miles away from the stadium, SB-Tickets.com is continually looking for new affordable housing options through its existing network of vendors and immediately listings those options for sale on their website. Currently they have several options inside the French Quarter, Warehouse/Arts District and near the international airport.
In approximately 2 weeks, following the conference championship games the site will begin to list specific seating arrangement including section and row to give customers a concrete location when making their purchase. Up until now, all ticket locations are sold in zones, which guarantee purchasers specific area in the dome but not a specific section or row. http://www.sb-tickets.com/ will be increasing their staff and hours of operation to handle the call volume and phone orders being placed following those games.
SB-Tickets.com is also announcing their Official Party Calendar, and easy to use guide that displays all parties taking place Super Bowl week. Once on their calendar you can hover over each party, get a quick description and if you like what you read, click the party for complete details of that event. Events taking place Thursday thru Sunday are currently for sale including red carpet parties, tailgate and pre-game events.
About SB-Tickets.com
SB-Tickets.com gives you first hand access to Super Bowl tickets, hotel accommodations and exclusive parties and special events occurring Super Bowl week. Their mission is to provide exceptional customer service and support that goes above the norm to create an unforgettable experience for their clients. In addition their hospitality division caters to corporate clients looking to drive sales, close business deals and offer performance incentives. SB-Tickets.com can provide your company with block hotel rooms, group tickets, private luxury suite rentals, arrange ground transportation, book private jets, hire celebrity speakers and coordinate your entire corporate event so that you can focus on what is most important; your day to day operations.
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Cricket-Australia beat Sri Lanka by five wickets in third test

SYDNEY, Jan 6 (Reuters) - Australia beat Sri Lanka by five wickets on the fourth day of the third test at Sydney Cricket Ground on Sunday to sweep the series 3-0.
Scores: Australia 141-5 (R. Herath 3-47) & 432-9 dec (M. Wade 102 not out, P. Hughes 87, D. Warner 85, M. Clarke 50; R. Herath 4-95) v Sri Lanka 278 (Dimuth Karunaratne 85, D. Chandimal 62 not out, M. Jayawardene 60; M. Johnson 3-34, J. Bird 3-76) & 294 (Lahiru Thirimanne 91, M. Jayawardene 72; J. Bird 4-41, M. Starc 3-71) (Compiled by Nick Mulvenney
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Cricket-Australia v Sri Lanka - third test scoreboard

SYDNEY, Jan 6 (Reuters) - Scoreboard after Australia beat
Sri Lanka by five wickets after tea on the fourth day of the
third test at the Sydney Cricket Ground on Sunday:
Australia won the toss and chose to bowl first
Sri Lanka first innings 294
Australia first innings 432-9 dec.
- -
Sri Lanka second innings (overnight 225-7)
D. Karunaratne c Wade b Bird 85
T. Dilshan c Hughes b Johnson 5
M. Jayawardene c Clarke b Siddle 60
L. Thirimanne c Bird b Johnson 7
T. Samaraweera c Hussey b Lyon 0
A. Mathews run out 16
D. Chandimal not out 62
D. Prasad c Wade b Starc 15
R. Herath b Bird 10
S. Lakmal b Johnson 0
N. Pradeep c Wade b Bird 9
Extras (b-1, lb-4, w-1, nb-3) 9
Total (all out, 81.2 overs) 278
Fall of wickets: 1-24 2-132 3-155 4-158 5-178 6-178 7-202
8-235 9-237
Bowling: Starc 12-1-49-1, Bird 21.2-5-76-3 (nb-3), Johnson
15-3-34-3 (w-1), Siddle 17-4-42-1, Lyon 15-1-66-1, Hussey
1-0-6-0
- -
Australia second innings
E. Cowan lbw Herath 36
D. Warner c Jayawardene b Lakmal 0
P. Hughes lbw Herath 34
M.Clarke c Thirimanne b Dilshan 29
M. Hussey not out 27
M. Wade b Herath 9
M. Johnson not out 1
Extras (lb-5) 5
Total (for five wickets, 42.5 overs) 141
Fall of wickets: 1-0 2-45 3-104 4-108 5-132
Did not bat: P. Siddle, M. Starc, N. Lyon, J. Bird.
Bowling: Dilshan 18-2-57-1, Lakmal 6-1-18-1, Herath
16.5-0-47-3, Pradeep 2-0-14-0
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UPDATE 4-Cricket-Hussey finishes on a high with Australia sweep

* Australia win by five wickets
* Sweep series 3-0 (updates after Australia win)
SYDNEY, Jan 6 (Reuters) - Michael Hussey ended his test career on a high on Sunday when Australia beat Sri Lanka by five wickets with a day to spare in the third test to sweep the series 3-0.
The 37-year-old was deprived of the ultimate fairytale ending when his batting partner Mitchell Johnson scored the winning run but Hussey, ever the team man, was not remotely concerned.
"It couldn't have ended any better," he said after being applauded off the pitch by both teams at the end of his 79th test.
"I feel very proud to have worn the baggy green cap and I've probably achieved a lot more in my career than I ever dreamed I could."
Australia, chasing 141 runs to win the test, lost three wickets in quick succession just before tea to bring Hussey out for his final test innings before retirement.
The break came with the hosts just five runs shy of victory and when Johnson pushed the ball wide of point for his only run of the innings, Hussey was already halfway down the pitch to secure the winning run.
"I was telling Mitch the over before if it comes up that you hit it, then I'm more than happy to let us get this over and done with," said Hussey, who finished unbeaten on 27 for a career average of 51.52.
"But I was more than happy to be out there when the winning run was hit. A dream come true. The important thing was making sure we won the test match."
Australia had dismissed the tourists for 278 before lunch to set up the run chase but they inched nervously towards the target after David Warner had departed for a duck without a run on the board.
Seamer Suranga Lakmal had the opener caught in the slips by his captain Mahela Jayawardene but it was the spin-bowling of Tillakaratne Dilshan and particularly Rangana Herath that was always going to provide most problems on a turning wicket.
The peace of a hot afternoon at the Sydney Cricket Ground was punctuated by the loud appeals of the Sri Lankans pretty much any time the ball came near a batsman's front pad.
Jayawardene, so profligate with his appeals to the TV umpire in this series, made the most of his first of the innings to remove Phil Hughes for 34 with Australia still 96 runs short of their target.
There was some confusion as to whether they were appealing for a catch or lbw off the Herath delivery. The TV pictures showed no nick or glove but did reveal that the ball would have hit the stumps so Hughes was out.
HUSSEY CHANTS
Clarke, the most prolific test batsmen of last year and later named Player of the Series, came to the crease for another duel with Herath, who took more test wickets than any other bowler in 2012.
In the end though, it was the spin of Dilshan which removed the Australia skipper for 29 although opener Ed Cowan (36) and Matthew Wade (9) did then quickly fall victim to Herath.
The crowd had already started chanting Hussey's name before Clarke's dismissal in the hope he would get out to bat again in his final test after being run-out in the first innings and they got their wish.
"What a place to finish. The SCG is probably my top three favourite grounds in the whole world," Hussey said.
"The crowd support and the support in general has been a bit overwhelming and I've been a bit embarrassed by it. In a way I'm quite relieved that it's over now."
Sri Lanka had resumed on 225-7 in the morning looking to bulk up their lead of 87 and give their bowlers something to work with.
Dinesh Chandimal hit a defiant 62 not out off 106 balls but ran out of partners when Jackson Bird had Nuwan Pradeep caught behind for nine half an hour before lunch.
Chandimal and Pradeep had put on 41 for the final wicket after Herath (10) and Lakmal (0) had departed relatively cheaply.
Bird, the least experienced of the four paceman deployed by Australia in the test, was named Man of the Match after bagging figures of 7-117.
Australia won the first test in Hobart by 137 runs and the second by an innings and 201 runs inside three days in Melbourne last week.
"I think we fought really well, but it wasn't good enough," said Jayawardene, who is stepping down as captain after this series.
"When you are competing at this level, I think we need to be much better prepared and show more character to win test matches in these conditions."
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League and union resume separate mediation sessions

 The National Hockey League (NHL) and the union representing its locked-out players met separately with a U.S. federal mediator on Friday with a week to go before the deadline to reach a deal and salvage a shortened season.
The two sides met with a mediator in New York but there has been no decision on whether the league and union would hold face-to-face negotiations on Friday, according to a report on the NHL's website.
In addition to meeting separately with the mediator on Thursday, officials from the NHL and NHL Players' Association met together Thursday for small-group discussions on some key issues.
With half of the 2012-13 regular season already lost to the labor dispute, the NHL has set a January 11 deadline for a new deal so that a shortened 48-game campaign could begin eight days later.
The lockout, which the league has said is costing it about $18-$20 million a day, began in mid-September when the previous collective bargaining agreement expired with both sides at odds over how to split the NHL's $3.3 billion in revenue.
The dispute, which follows a lockout that wiped out the entire 2004-05 campaign, is now centered around the salary cap number for the 2013-14 season, the pension fund and length of player contracts.
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Sides in NHL labor fight meet with mediator

The NHL and the players' association met separately with a federal mediator throughout Friday morning and well into the afternoon with no sign that they would return to the bargaining table anytime soon.
Federal mediator Scot Beckenbaugh has been shuttling back and forth between the hotel in which the union is working, and the league office. As of late afternoon, the sides had made no plans to get together.
After marathon talks that lasted deep into Wednesday night, the sides have remained apart with the exception of two smaller meetings on Thursday.
The lockout reached its 111th day Friday, and the sides have only one week to reach a deal on a collective bargaining agreement that would allow for a 48-game hockey season — the minimum the NHL has said it will play.
Commissioner Gary Bettman set a Jan. 11 deadline so the season can begin eight days later.
The players could be looking to wait until Saturday night to return to the bargaining table when it is expected that the executive board will again have the authority to exercise a disclaimer of interest that would allow the union to dissolve and become a trade association.
A vote among union members was initiated on Thursday, and players have until 6 p.m. Saturday to cast their ballots that would allow the board to take the action of the disclaimer. An earlier vote passed overwhelmingly last month, but the union let its self-imposed deadline to go by on Wednesday night without acting on it.
A restoration of authority to go the route of the disclaimer might be the leverage the union wants before it starts negotiating again.
Representatives from the league and the union met twice Thursday for small meetings, one dealing with the pension plan, but never got together for a full bargaining session. A long night of discussions Wednesday that stretched into the early morning hours didn't end well and created Thursday's lack of activity.
The sides can't afford many more days like that.
All games through Jan. 14, along with the All-Star game, have been canceled, claiming more than 50 percent of the original schedule.
The talks appeared to take a downward turn late Wednesday after the players' association passed on declaring a disclaimer of interest.
The discord carried over to Thursday when Bettman had said he expected to resume negotiations at 10 a.m. at the request of the mediator. But the union was holding internal meetings then and didn't arrive at the league office until a few hours later.
When players and staff did get there, they did so without executive director Donald Fehr. The group discussed a problem that arose regarding the reporting by clubs of hockey-related revenue, and how both sides sign off on the figures at the end of the fiscal year. The union felt the language had been changed without proper notification, but the dispute was solved and the meeting ended in about an hour.
The wait for more elaborate talks went on, and didn't end until the players returned — again without Fehr — for a meeting about the pension plan. That one lasted just under two hours, and again the waiting game ensued.
But this time there wouldn't be any more talks, big or little. Neither side issued a statement, and Bettman was seen leaving league headquarters shortly after 9 p.m.
The players' association held a late Thursday afternoon conference call to initiate its second vote regarding the disclaimer of interest. It wasn't immediately known when a new authorization would expire if the vote passes again.
A sense of progress might be why the union didn't declare the disclaimer on Wednesday, but any optimism created after the deadline passed took several hits Thursday.
The NHLPA filed a motion in federal court in New York seeking to dismiss the league's suit to have the lockout declared legal. The NHL sued the union in mid-December, figuring the players were about to submit their own complaint against the league and possibly break up their union to gain an upper hand.
But the union argued that the NHL is using this suit "to force the players to remain in a union. Not only is it virtually unheard of for an employer to insist on the unionization of its employees, it is also directly contradicted by the rights guaranteed to employees under ... the National Labor Relations Act."
The court scheduled a status conference for the sides on Monday.
The sides have traded four proposals in the past week — two by each side — but none has gained enough traction. Getting an agreement on a pension plan would likely go a long way toward an agreement that would put hockey back on the ice.
Fehr believed a plan for players-funded pension was established before talks blew up in early December. That apparently wasn't the case, or the NHL has changed its offer regarding the pension in exchange for agreeing to other things the union wanted.
The salary-cap number for the second year of the deal — the 2013-14 season — hasn't been agreed to, and it is another major point of contention. The league is pushing for a $60 million cap, while the union wants it to be $65 million with a floor of $44 million.
In return for the higher cap number players would be willing to forgo a cap on escrow.
Both sides seem content on the deal lasting for 10 years, but they have different opinions on whether an opt-out should be allowed to be exercised after seven years or eight.
The NHL proposed last Thursday that pension contributions come out of the players' share of revenues, and $50 million of the league's make-whole payment of $300 million will be allocated and set aside to fund potential underfunded liabilities of the plan at the end of the collective bargaining agreement.
Last month, the NHL agreed to raise its make-whole offer of deferred payments from $211 million to $300 million as part of a proposed package that required the union to agree on three nonnegotiable points. Instead, the union accepted the raise in funds, but then made counterproposals on the issues the league stated had no wiggle room.
"As you might expect, the differences between us relate to the core economic issues which don't involve the share," Fehr said of hockey-related revenue, which likely will be split 50-50.
The NHL is the only North American professional sports league to cancel a season because of a labor dispute, losing the 2004-05 campaign to a lockout. A 48-game season was played in 1995 after a lockout stretched into January.
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Sides in NHL labor rift meet all day with mediator

A federal mediator held over 12 hours of separate talks with the NHL and the players' association Friday before stopping for the night with a promise to get going again in the morning.
The sides remained apart all day, buffered by the presence of federal mediator Scot Beckenbaugh, who shuttled back and forth between the hotel where the union is working, and the league office. He started at 10 a.m. EST and wrapped up discussions for the day shortly before 11 p.m.
Similar talks were scheduled to begin at 10:30 a.m. Saturday.
It still isn't known when the league and the union will get back together at the bargaining table. Neither side provided details, but the all-day discussions at least provided a glimmer of hope that perhaps progress was being made from afar.
That would be a welcome change after things cooled during an unproductive Thursday.
"I'm looking forward to continuing the process tomorrow," NHL deputy commissioner Bill Daly wrote to The Associated Press in an email late Friday night.
After marathon talks that lasted deep into Wednesday night, the sides have remained apart with the exception of two smaller meetings Thursday.
The lockout reached its 111th day Friday, and the sides have only one week to reach a deal on a collective bargaining agreement that would allow for a 48-game hockey season — the minimum the NHL has said it will play.
Commissioner Gary Bettman set a Jan. 11 deadline so the season can begin eight days later.
The players could be looking to wait until Saturday night to return to the bargaining table when it is expected that the executive board will again have the authority to exercise a disclaimer of interest that would allow the union to dissolve and become a trade association.
A vote among union members was initiated Thursday, and players have until 6 p.m. Saturday to cast their ballots that would allow the board to take the action of the disclaimer. An earlier vote passed overwhelmingly last month, but the union let its self-imposed deadline to go by Wednesday night without acting.
A restoration of authority to go the route of the disclaimer might be the leverage the union wants before it starts negotiating again.
Representatives from the league and the union met twice Thursday for small meetings, one dealing with the pension plan, but never got together for a full bargaining session. A long night of discussions Wednesday that stretched into the early morning hours didn't end well and created Thursday's lack of activity.
The sides can't afford many more days like that.
All games through Jan. 14, along with the All-Star game, have been canceled, claiming more than 50 percent of the original schedule.
The talks appeared to take a downward turn late Wednesday after the players' association passed on declaring a disclaimer of interest.
The discord carried over to Thursday when Bettman had said he expected to resume negotiations at 10 a.m. at the request of the mediator. But the union was holding internal meetings then and didn't arrive at the league office until a few hours later.
When players and staff did get there, they did so without executive director Donald Fehr. The group discussed a problem that arose regarding the reporting by clubs of hockey-related revenue, and how both sides sign off on the figures at the end of the fiscal year. The union felt the language had been changed without proper notification, but the dispute was solved and the meeting ended in about an hour.
The wait for more elaborate talks went on, and didn't end until the players returned — again without Fehr — for a meeting about the pension plan. That one lasted just under two hours, and again the waiting game ensued.
But this time there wouldn't be any more talks, big or little. Neither side issued a statement, and Bettman was seen leaving league headquarters shortly after 9 p.m.
The players' association held a late Thursday afternoon conference call to initiate its second vote regarding the disclaimer of interest. It wasn't immediately known when a new authorization would expire if the vote passes again.
A sense of progress might be why the union didn't declare the disclaimer on Wednesday, but any optimism created after the deadline passed took several hits Thursday.
The NHLPA filed a motion in federal court in New York seeking to dismiss the league's suit to have the lockout declared legal. The NHL sued the union in mid-December, figuring the players were about to submit their own complaint against the league and possibly break up their union to gain an upper hand.
But the union argued that the NHL is using this suit "to force the players to remain in a union. Not only is it virtually unheard of for an employer to insist on the unionization of its employees, it is also directly contradicted by the rights guaranteed to employees under ... the National Labor Relations Act."
The court scheduled a status conference for the sides Monday.
The sides have traded four proposals in the past week — two by each side — but none has gained enough traction. Getting an agreement on a pension plan would likely go a long way toward an agreement that would put hockey back on the ice.
Fehr believed a plan for players-funded pension was established before talks blew up in early December. That apparently wasn't the case, or the NHL has changed its offer regarding the pension in exchange for agreeing to other things the union wanted.
The salary-cap number for the second year of the deal — the 2013-14 season — hasn't been agreed to, and it is another major point of contention. The league is pushing for a $60 million cap, while the union wants it to be $65 million with a floor of $44 million.
In return for the higher cap number players would be willing to forgo a cap on escrow.
Both sides seem content on the deal lasting for 10 years, but they have different opinions on whether an opt-out should be allowed to be exercised after seven years or eight.
The NHL proposed last Thursday that pension contributions come out of the players' share of revenues, and $50 million of the league's make-whole payment of $300 million will be allocated and set aside to fund potential underfunded liabilities of the plan at the end of the collective bargaining agreement.
Last month, the NHL agreed to raise its make-whole offer of deferred payments from $211 million to $300 million as part of a proposed package that required the union to agree on three nonnegotiable points. Instead, the union accepted the raise in funds, but then made counterproposals on the issues the league stated had no wiggle room.
"As you might expect, the differences between us relate to the core economic issues which don't involve the share," Fehr said of hockey-related revenue, which likely will be split 50-50.
The NHL is the only North American professional sports league to cancel a season because of a labor dispute, losing the 2004-05 campaign to a lockout. A 48-game season was played in 1995 after a lockout stretched into January.
Read More..