The National Hockey League Players Association and its former executive director, Paul Kelly, have resolved the issues surrounding his dismissal. Kelly was fired at the end of August last year.

The statement by the NHLPA was short on specifics.

"The parties have resolved all matters regarding Paul Kelly's employment with the National Hockey League Players' Association," the statement read. "The Association and its members appreciate the service and contributions of Mr. Kelly, as well as his commitment to the National Hockey League Players' Association and its members."

The sides have said that there would be no further comment on the matter. According to Larry Brooks of the NY Post, Kelly will see $1.5 million plus $200,000 in attorneys’ fees as compensation for the firing.

The NHLPA has been in a constant state of turmoil since Kelly's ouster. Ian Penny, the former general counsel for the NHLPA, took over as interim executive director, but resigned at the end of October saying he could "no longer work under the present circumstances."

Since Penny left, former MLBPA executive director Donald Fehr has been working with the players to find a replacement for Kelly. The search is on-going.

(THE BIZ OF BASEBALL)

• The Art of the Ballpark Seat (Part II)
• Houston Astros Win "Best Overall Video Display Award" For Fifth Consecutive Year
• Why the Future Looks Bright for the Texas Rangers
• MLB Makes TIckets to 2010 All-Star FanFest, Other Activities Available Feb. 23
• Upscale Private Club at Miller Park Renamed "NYCE Stadium Club"
• On Yahoo! Sports: Salary Arbitration Winners and Losers
• Local Legislature Decision to Fund New Cubs Spring Training Stadium May be Challenged
• LWIB: Ticketing Gets Creative in MLB, Portland Beavers Update, MiLB Might Face Tough Year, Plus Tidbits
• Major League Baseball Drug Policy Sees Additional PEDs, Expansion on Stimulants
• 2010 MLB Salary Arbitration Players See Pay Increase of 107 Percent
• Transaction Action: Tigers Ink Damon to 1-yr., $8M Deal
• Cubs Beat Ryan Theriot in Final Salary Arbitration Case of 2010
• Mauer + Target Field = 2010 Twins Media Guide Cover

Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Follow Maury Brown on Twitter

Follow The Biz of Hockey on Twitter

Follow the Business of Sports Network on Facebook