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Jan. 23rd, 2009 @ 10:05 pm NHL Players Association will not reopen CBA

In a move expected for the past few days, the National Hockey League Players' Association announced it will pass on an option to re-open the Collective Bargaining Agreement this year, assuring labor peace for the next three years.

"We are making this announcement now because this should be viewed as positive news for all the stakeholders in our game," said Paul Kelly, the NHLPA's executive director, during a Friday press conference at the Hyatt Regency here.

Now, the League and its players will operate under the current CBA, agreed to in 2005, until its expiration in 2011.

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