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NHL official confident the pros will play in Sochi

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After months of negotiations, it seems like talks between the NHL, NHLPA, IIHF, IOC, and the rest of the alphabet are finally coming to a close, with the likely conclusion that the pros will be welcome to play in the Olympics this February.

“We are proceeding under the assumption that the NHL will participate in Sochi,” NHL Deputy Commissioner Bill Daly told IIHF.com Friday.

Daly added that the participating bodies are still ironing out details, but “it remains the objective that Sochi will be the fifth consecutive Olympics with NHL participation and where the NHL shuts down for the duration of the Olympic tournament.”

Said details being negotiated include issues regarding media rights, access, and accommodations at the Games, as well as concerns about who would cover the costs to insure the athletes on the ice.

“There is obviously a risk involved when you bring over a projected 160-180 NHL players, where the total contract value would be around $3 billion,” Daly suggested. “This is a risk which must be insured, especially in cases of season-ending or career-ending injuries.”

The NHL is expected to break for a little more than two weeks starting Feb. 8. Players will then fly charters to Sochi in time for a practice day before the tournament begins on Feb. 12, and then NHL games would be scheduled to resume on Feb. 25, two days after the gold medal game in Russia.

The Russian Hockey Federation is expected to make the official announcement after the hockey world championships end May 19, according to Dmitry Chesnokov of Yahoo! Sports.

WATCH: Top basketball moments of the Rio Olympics

RIO DE JANEIRO, BRAZIL - AUGUST 20:  (L-R) Gold medalists Diana Taurasi #12 and Sue Bird #6 of United States celebrate during the medal ceremony after the Women's Basketball competition on Day 15 of the Rio 2016 Olympic Games at Carioca Arena 1 on August 20, 2016 in Rio de Janeiro, Brazil.  (Photo by Tom Pennington/Getty Images)
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As expected the U.S. took gold in both men’s and women’s basketball, with the men winning their third consecutive Olympic gold medal and the women running their streak to six straight. But there was a lot more to take in at the basketball venues, including Serbia’s men’s team winning their first Olympic basketball medal (as an independent nation), and Spain doing the same in the women’s bracket.

To watch the top basketball moments of the Rio Olympics, click here.

WATCH: Top track and field moments of the Rio Olympics

RIO DE JANEIRO, BRAZIL - AUGUST 14:  Usain Bolt of Jamaica celebrates winning the Men's 100 meter final on Day 9 of the Rio 2016 Olympic Games at the Olympic Stadium on August 14, 2016 in Rio de Janeiro, Brazil.  (Photo by Cameron Spencer/Getty Images)
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From Sam Kendrick’s patriotic moment to Usain Bolt’s “triple-triple,” check out the best moments from the 2016 Rio Olympics track and field competition.

You can watch all of these moments here.