The National Hockey League (NHL) announced on Wednesday that it has shelved plans for a World Cup of Hockey tournament in 2020 following a meeting with the players' union.
The league and the NHL Players' Association met in Toronto to see if a 2020 event could be part of the next collective bargaining talks.
Both sides issued statements saying talks would continue with the hope of eventually holding another World Cup in the future.
"While the parties have now jointly concluded that it is no longer realistic to try to schedule a World Cup of Hockey for the fall of 2020, they plan to continue their dialogue with a hope of being able to schedule the next World Cup event as part of a broader agreement, which would include a long-term international event calendar," the NHL said in a statement.
While the Olympic hockey tournament and the World Ice Hockey Championships are organised by the International Ice Hockey Federation, the World Cup of Hockey is run by the NHL.
There have been three World Cup of Hockey tournaments with the last one taking place in 2016. Others were held in 2004 and 1996.
Over the past few months, the league and the union have begun informal labour talks. Owners or the players can choose to opt out of the current collective bargaining agreement in September.
The current agreement runs until 2022 unless one side chooses to terminate it early.
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Updated Date: Jan 17, 2019 14:23:18 IST