The following statement was posted on the NHL.com website moments ago from Larry Tanenbaum, chairman of MLSE and part owner of the Toronto Maple Leafs:
"I was pleased to be asked to join the Player/Owner negotiation sessions. I had hoped that my perspective both as a businessman and as one of the owners of the Toronto Maple Leafs would be helpful to the process. Like all other teams, this work stoppage has hurt our fans, our employees and our business. Neither the owners nor the players will ever recover the losses incurred with this work stoppage.
I understand how important it is to have a strong league and 30 healthy teams. I must admit that I was shocked at how things have played out over the last 48 hours. The sessions on Tuesday felt cooperative with an air of goodwill. I was optimistic and conveyed my optimism to the Board of Governors at our Wednesday meeting. However, when we reconvened with the players on Wednesday afternoon, it was like someone had thrown a switch. The atmosphere had completely changed. Nevertheless, the owners tried to push forward and made a number of concessions and proposals, which were not well-received. I question whether the union is interested in making an agreement.
I am very disappointed and disillusioned. Had I not experienced this process myself, I might not have believed it. Like all hockey fans, I am hopeful this situation can be resolved as soon as possible. I miss our game."
Here is the press conference with Commissioner Gary Bettman and Deputy Commissioner Bill Daly:
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