As for the season, it will be back by Jan 1.
The owners have a valid gripe. A salary cap needs to be in place. If things continue at the current rate, then hockey will go the route of baseball, and we will be watching the YRed Wings (insert Yankees) in the Stanley Cup (insert World Series) every year. It's getting tiring, and it basically sucks. Hockey needs to go back to the late 70's and early 80's in terms of playing. Back when free agents did not decide teh playoffs...
IMHO, the 5% that make big bucks in the NHL need to go back to the Swedish Elite League, and Mojo, and leave the NHL be...
Imagine if the NHL was about the team who worked the hardest winning, and not who paid the most money for a cup.