11:51 11/8/12-AP After weeks of delay, and ever after meeting for several days of what some thought was a positive deliberation Gary Bettman officially cancels the 2012/2013 NHL season. “We are at impasse, we know what number we have to work with as do the players. Unfortunately we cannot find an equal ground.”

Donald Fehr, of the players union and who has spearheaded these negations was visually upset at the news. “This is a bad day for the NHL and a worse day for the NHL fans.” Fehr was quoted as saying. “We have have negotiated in good fail but we feel the NHL has not.”

One inside source, who wanted to remain anonymous said” They are not even remotely close on an agreement. The negations are going so poorly that games next season could be in danger as well.” Please stay tuned as this story continues to develop .