[getbak]

Originally Posted by Moneyhands23

If both sides decline does that mean an extension has been or well be reached?

It means the current CBA will stay in effect until its scheduled end in 2022.

This is the one chance either side has to end the CBA early.

ARTICLE 3
DURATION OF AGREEMENT

3.1 Term.

(a) This Agreement is effective retroactive to September 16, 2012 (the "Effective Date"), and shall remain in full force and effect until midnight New York time on September 15, 2022, and shall remain in effect from year to year thereafter unless and until either party shall deliver to the other a written notice of termination of this Agreement at least 120 days prior to September 15, 2022 or not less than a like period in any year thereafter.

(b) Notwithstanding anything to the contrary set forth in subparagraph 3.1(a), either party shall have the right to terminate this Agreement effective midnight September 15, 2020 ("early termination") by providing notice as specified hereafter.

(i) The NHL may exercise its option for early termination by delivery of written notification to the NHLPA of its election to do so on or before September 1, 2019.

(ii) If the NHL has not already done so, the NHLPA may exercise its option for early termination by delivery of written notification to the NHL of its election to do so on or before September 15, 2019.