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OTTAWA - The National Hockey League's Senators and the National Capital Commission have reached an agreement in principle to build a new arena in downtown

The National Hockey League's Ottawa Senators and the National Capital Commission have called a joint press conference for this afternoon, on the deadline to finalize a deal for a downtown arena.

The Ottawa Senators reportedly have a deal with the National Capital Commission (NCC) to build a new NHL arena – technically an events centre – at LeBreton Flats. Today was the deadline for the two sides to agree on a deal and, according to Wayne Scanlan at Sportsnet, they managed to get things done.

The Ottawa Senators and National Capital Commission (NCC) are holding a joint press conference at 1 p.m. this afternoon to provide an update on the Memorandum of Understanding between Capital Sports Development Inc (CSDI).

The National Hockey League's Ottawa Senators and the National Capital Commission have called a joint press conference for this afternoon, on the deadline to finalize a deal for a downtown arena.

League sources confirmed to the Ottawa Citizen that the Senators and the National Capital Commission have reached the next stage to build a new rink at LeBreton Flats after the two sides signed a lease agreement on the land located 10 minutes West of Parliament Hill.

With a deadline to reach a deal on a new home the Ottawa Senators fast approaching, the NHL franchise and the National Capital Commission (NCC) will make an announcement Friday afternoon about their plans to develop LeBreton Flats.