NEW YORK (AP) -- The NHL and the NHL Players' Association met for more than two hours in an attempt to hammer out a new collective bargaining agreement before the current one expires on Sept. 15.

Executive Director Donald Fehr (feer) said the NHLPA has not yet decided to make a counteroffer to the league's initial proposal last week.

There were multiple reports coming out of the last round of talks that the owners' offer included players' hockey-relatedrevenues get slashed from 57 percent to 46 percent. It also was reported that players would be forced to wait 10 years before becoming unrestricted free agents and that contracts would be limited to five years.

Fehr said the NHLPA would submit a proposal "at the appropriate point in time." He did not specify when that would be.

NHL Commissioner Gary Bettman called the league's first offer "a serious proposal."

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