After months of being locked in a labour stalemate, the National Hockey League and its players are finally ready to get back to work. Early on Sunday morning — day 113 of the lockout — NHL commissioner Gary Bettman confirmed from New York the two sides had reached a tentative agreement on the framework of a new collective bargaining agreement that will finally spark the beginning of the regular season Details of the new CBA were not immediately released, and Bettman cautioned they still needed to be ironed out fully. The majority of both the NHL's 30-member Board of Governors and NHL players still need to ratify the agreement. According to reports, the new CBA will run for 10 years, through 2021-22, with an option to terminate the deal after eight years. Hockey Night in Canada's Elliotte Friedman tweeted Sunday night the NHL sent a memo to all clubs indicating training camps would start no earlier than Saturday, and may not open until the following Monday. Friedman also said a 48-game season would then begin on Jan. 19. The Stanley Cup playoffs would end in late June, according to other media reports. According to Hockey Night in Canada's Elliotte Friedman, the sides settled on a seven-year maximum term for free agents (eight if the team is re-signing its own free agent). Friedman also reported that the NHL came up from its original salary cap demands for the 2013-14 season, from $60 million US to $64.3 million. The floor next season will reportedly be $44 million. On the issue of salary variance, according to Friedman, the sides agreed that the lowest-paid season of any multi-year deal can be no lower than 50 per cent of the highest season. The sides agreed to split up hockey-related revenue 50/50 for the duration of the 10 years. The Canadian Press also reported each team can exercise up to two "compliance buyouts" prior to the 2013-14 season to help get under the new cap, which will count against the players' share of hockey-related revenue. Those hoping to see their favourite NHL players make the trip to the 2014 Sochi Olympics may have to wait a while to find out. Friedman tweeted that their participation will be negotiated separately, while he says re-alignment also remains unsettled. Info: cbc.ca Mod Edit: Please don't just post an article, add in your own thoughts or comments on the issue.