...and that's pretty much the whole story. I'm not sure how long it takes for the arbitrator to get their answer back to both parties, if you know then post it in the comments.
If you're looking for more insight into the deal, this story from Canada.com provided some good info.
Also, Emery was supposed to sign a deal last week according a report on the internet. Needless to say, we won't be using reports from that website anymore. I gave random insanity a chance and it failed me, just like the time I tried to paint a self portrait by placing ants on a canvas and trusting them to line up in a way that looked like my face.