A quick update:

At some point, if a deal is getting done you have to get the lawyers involved. The principles are going to need to be in the room before things can come to a close. That’s why when we heard this news this morning, we didn’t necessarily consider it a bad thing:

But then there’s this…

But still, it’s progress…

And let’s wrap this up…

More as things develop, assuming the addition of Donald Fehr and Gary Bettman doesn’t stop things from developing.