The star veteran told the Sun he wasn't surprised CBA negotiations fell apart.
"Not really," said Alfredsson. "I know there's been a couple of good days leading up to this and where we were at this stage everybody was really hopeful something would get done.
"I feel the same way. We also know how negotiations can be and you can't read into things until you know exactly what has gone on.
"There's issues that need to be resolved and that looks like it's not going to happen in the next few days, but hopefully negotiations start up again and we're still a step further ahead than a week ago."
Alfredsson, who has just this season left on his contract and could retire after his deal expires, believes there is a deal to be made, and he's willing to be patient.
"I don't know if we are that close," he said. "The first few days this week were encouraging for everybody and I think maybe we read too much into that.
"Both sides were pretty quiet about what was going on and obviously with what happened (Thursday) you can tell that we're not that close. We're in the wait-and-see mode until they start up negotiations again. The frustration continues."