A strange sensation may have washed over you early Monday evening.

Call it the promise of labour peace in our time.

Unless you are middle-aged, or took a keen interest in labour negotiations before grade school, this isn’t something you’ve experienced courtesy of the NHL. Before this announcement of a memorandum of understanding to extend the collective bargaining agreement through the 2025-26 season, if ratified, you have known the 2012-13 lockout … and the 2004-05 lockout that wiped out the entire season … and the 1994-95 lockout … and the 1992 strike.

That dispute-filled past provides context every bit as important to this agreement as our uncertain present, which underpins the new deal. The transition rules and a four-year extension to the CBA are built around sharing the economic pain brought on by the coronavirus pandemic until more prosperous days return.

Let it be said that this is what leadership looks like in difficult times.

Gary Bettman and Donald Fehr found sensible solutions to shared problems without resorting to any of the hostility or grandstanding these negotiations are typically known for. They and their respective leadership teams started meeting out of the spotlight last summer before recalibrating on the fly and piecing together the framework for this agreement amid a health crisis that poses a significant threat to their industry and many others.