Updated

The National Hockey League and National Hockey League Players' Association met on two separate occasions Wednesday in an effort toward ending the NHL lockout.

In the first session, the NHLPA presented a new collective bargaining agreement proposal. In the second meeting of the day, the league reviewed the proposal.

Despite the two meetings, the two sides are still far apart heading into the Thanksgiving holiday.

"We're still far apart," NHL commissioner Gary Bettman told reporters on Wednesday. "But hopefully there's some momentum so we can bring this process to a successful conclusion."

Bettman went on to say that the league business is losing between $18 million to $20 million per day while players are losing between $8 million to $10 million per day.

"On the big things there was as of today no reciprocity in any meaningful sense, no movement on the players' share, no movement on salary-arbitration eligibility, no movement on free agency eligibility, no agreement on a pension plan," NHLPA executive director Donald Fehr told reporters on Wednesday.

Regular season games through the end of November have been wiped off the schedule, while the league also canceled the Winter Classic that was supposed to be held on New Year's Day in Ann Arbor between the Toronto Maple Leafs and Detroit Red Wings.

The two sides have been without a CBA since the previous one expired just before midnight on Sept. 15.