On Wednesday morning, the NHL informed the NHLPA that they intend to either terminate or renegotiate the Collective Bargaining Agreement.
According to the CBA, both parties have until 120 days prior to the expiration date of the existing CBA to file a notice of termination. If the 120 day benchmark was reached without either side serving notice, the CBA would have stayed as-is for one more year.
In this case, the expiration date is Sept. 15, and the league has recently taken steps to begin a renegotiation of the Agreement.
This is not a surprise, but more part of the process to starting a discussion around a new CBA. Most expect the two sides to get together after the NHL Draft at the end of June and begin speaking in-depth about a new Agreement.