Carolina Hurricanes playing against the Minnesota Wild (Creative Commons).

The agreement came after a 16-hour negotiating session in New York. The start date of the season or number of games each team will play have not been announced, according to the statement, with further details expected Sunday. 

NHL Commissioner Gary Bettman and the National Hockey League Players’ Association Executive Director Donald Fehr made the announcement that they had the framework of a deal. 

“We have to do the legal work and we have to do the constituent-communication work,” Fehr said. “At least, from my [standpoint], and I'm sure Gary's too, we need to let them know the details before we tell all of you. Having said that, hopefully, we're at a place where all those things will proceed fairly rapidly and with some dispatch and we'll get back to what we used to call business as usual as fast as we can."

From The New York Times: 

The N.H.L board of governors was expected to meet in New York by Tuesday to vote on the deal ahead of a hoped-for start of training camps on Wednesday. Players are also expected to ratify the agreement. Under the quickest timetable, play could begin by Jan. 15. But ratifications, paperwork and the players’ desire to have one exhibition game could push that date back.

The agreement will be for 10 years, The New York Times reported, and either side can opt out after eight years. The salary cap for the next season would drop to $64.3 million from the 2012-13 season’s $70.2 million.

Read more of Neon Tommy’s coverage on the NHL here.

Reach Executive Producer Agnus Dei Farrant here.