The extension that could be announced as soon as Friday at the draft in Los Angeles would provide extended labor peace in a sport that has had multiple work stoppages, including the 2004-05 lockout that wiped out an entire season.

The NHL and NHL Players' Association are on the verge of extending the collective bargaining agreement more than a year before it expires and expanding the regular season to 84 games. The league and union have been in talks since April and are closing in on a memorandum of understanding addressing a number of high-profile topics long before the

The NHL and NHLPA are in the final stages of agreeing to a four-year extension of the CBA through September 2030, sources confirmed to ESPN.