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Tentative Agreement Reached.

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After months of being locked in a labour stalemate, the National Hockey League and its players are finally ready to get back to work.

Early on Sunday morning — day 113 of the lockout — Hockey Night in Canada's Elliotte Friedman confirmed the two sides had reached a tentative agreement on a new collective bargaining agreement that will finally spark the beginning of the 2012-13 NHL season.

Details of the new CBA were not immediately available, but Friedman reported the sides settled on a seven-year maximum for free agents (eight if the team is re-signing its own free agent). The news also puts an end to an emotional ride for fans and those involved in the game alike.

The NHL's Board of Governors and NHL players still need to ratify the agreement, according to reports.

The news came after a marathon 16-hour negotiation session with U.S. Federal mediator Scot Beckenbaugh in New York. Beckenbaugh, who was also involved in the 2004-05 lockout, was able to bring the two sides together for a marathon collective bargaining session Saturday after shuffling back and forth between the groups separately on Friday.

They were the first face-to-face talks since negotiations broke down on Thursday.

A series of proposals and counterproposals were exchanged between the two sides beginning with a comprehensive 288-page document submitted by the NHL Dec. 27.

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