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NHL cancels games through Dec. 30

The biggest question now is whether the latest NHL lockout will result in a shortened season like 1994-95 or a scorched season like 2004-05. As the league cancelled the rest of its schedule through Dec.

The biggest question now is whether the latest NHL lockout will result in a shortened season like 1994-95 or a scorched season like 2004-05.

As the league cancelled the rest of its schedule through Dec. 30 on Monday afternoon, it brought one more reminder of how close the NHL and NHL Players' Association are getting to a make-or-break moment.

Even though commissioner Gary Bettman hasn't set a drop dead date for saving this season, he does believe each team must play 48 games to make it legitimate. For that to happen, the puck will need to drop by about mid-January.

"When it gets to the point where we can't play a season with integrity, with a representative schedule, then we'll be done," Bettman said last week. "If you go back in history, in '94-95 I think we played 48 games. I can't imagine wanting to play fewer than that."

The latest round of cancellations brought the NHL's total to 526 regular-season games - or roughly 43 per cent of the schedule. The Jan. 1 Winter Classic at Michigan Stadium and Jan. 27 all-star game in Columbus have also been wiped away.

Neither the union nor league issued statements after the cancellations were announced.

There had been hope as recently as last week that the lockout could be ended in time to drop the puck over the holidays, with one report suggesting the season might start on Christmas Day. Now the earliest that will happen is New Year's Eve, which was already due to see 13 games played under the original schedule.

Talks between the NHL and NHLPA broke down in dramatic fashion last week. They haven't scheduled any further sessions, although both sides have expressed interest in returning to the bargaining table this week.

There appeared to be hope the start of the 2012-13 season was imminent when NHLPA executive director Donald Fehr met reporters on Thursday night in New York after delivering a new proposal to the league. He claimed the sides had found agreement on virtually all of the key issues.

However, Fehr later returned and said the NHL had rejected the offer and pulled its own off the table.

Despite that, the union leader continues to believe a deal isn't very far off.

"My comments from a couple of days ago stand on their own," Fehr said Saturday after addressing the Canadian Auto Workers in Toronto. "I think we were very close."

Deputy commissioner Bill Daly laid out the three key areas where he felt they remained apart. As part of an offer of $300 million in deferred payments and a 50-50 split of revenues, the owners wanted:

? A 10-year term for the CBA, with a reopener after eight years (the NHLPA offered eight years, with an option to opt out after Year 6).

? No compliance buyouts, which would allow teams to buy out contracts without being penalized by the salary cap.

? Contract term limits of five years for free agents and seven years for a team's own players, which Daly described as "the hill we will die on." The NHLPA proposed an eight-year cap on contracts.