Dustin Penner #25 of the Los Angeles Kings hoists the Stanley Cup in celebration after defeating the New Jersey Devils in Game Six of the 2012 Stanley Cup Finals at Staples Center on June 11, 2012 in Los Angeles, California. The Kings defeated the Devils 6-1 to win the series 4 games to 2.
NHL hockey may soon resume for the Stanley Cup champion L.A. Kings and the Anaheim Ducks as a tentative agreement has been reached to end the 113 day-long lockout.
MORE: Details of the deal
Representatives from the two sides negotiated for 16 hours in New York from Saturday afternoon until the early hours Sunday to produce a deal.
The owners and players were under intense pressure to make an agreement this week. They faced a deadline of Thursday or Friday that would allow for a 48-game season. NHL Commissioner Gary Bettman had said that the league could play a shortened season having no fewer than 48 games.
While the structure of the season is still to be determined, it is believed that teams will play only opponents within their own conferences.
All games through January 14 and the All-Star game have been canceled. Those games represent half of the original schedule.
The tentative contract still requires approval by the players. If ratified, the new labor pact would not only save the season, but would allow the league to avoid the embarrassment of having a second season canceled because of a labor dispute.
A lockout eight years ago wiped out the entire 2004-2005 season. The current salary cap system was a result of that contract.