The league's board of governors met in a Manhattan hotel and overwhelmingly approved the agreement that was reached early Sunday on the 113th day of the NHL lockout.
A relieved Commissioner Gary Bettman made the announcement those in hockey waited nearly four months to hear. He then apologized to players, sponsors and hockey supporters for taking so long to deliver it.
"Most importantly to our fans, who love and have missed NHL hockey, I am sorry," Bettman said. "I know that an explanation or an apology will not erase the hard feelings that have built up over the past few months, but I owe you an apology nevertheless."
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