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NHL Players Association executive director Donald Fehr says labor negotiations have broken off with two weeks to go before the NHL has threatened to lockout its players.

Fehr made the announcement at league headquarters in New York on Friday, after saying the union's latest counteroffer "did not bear fruit" with the NHL.

The NHLPA's latest offer came three days after the NHL made its first counterproposal. After asking the players to cut their share of hockey revenue from 57 to 43 percent, the NHL upped its proposal to have the players get a 46 percent share over a six-year deal.

The current CBA expires on Sept. 15, with the NHL already saying it's prepared to lock out its players if no deal is reached by then.