I've read the decision (good thing it looks like "work") and it will be interesting to see what the NHL does. The arbitrator really seems to dislike the wording of the CBA, and that looks like something that the NHL may want to appeal by way of judicial review.
Reading the NHL's statement, I doubt that this incident is over. And if you think that the appeal process in the CBA was long, you're in for a muuuuch longer road should the league appeal.
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