After 113 days and 16 hours of mediating, the NHL and the NHLPA have come to terms on their new collective bargaining agreement. The final meeting that started on Saturday the 5th and ended in the wee hours of Sunday has NHL players everywhere rejoicing!
You can catch up on the, now past tense, 2012-2013 NHL lockout here.
The new agreement set in place guarantees up to 10 seasons lockout. Once the eight season is over, should be sides agree, there is an option to opt-out of the agreement. Among other new clauses, NHL players’ contracts cannot exceed seven years unless they are re-signing with the same team in which case their contract must not exceed eight years. Players contracts may not deducted by more than 35 percent from year to year, preventing back sliding contracts.
The biggest disagreement the NHL and NHLPA encountered was the 2012-2013 salary cap. They have come to an agreement on $64.3 million with a floor of $44 million.
Once a few technicalities are taken care of and knots are tied, the NHL season should begin sometime between January 15th and 19th. Being that half of the season has been missed there will be around 48 and 50 games. No team schedules are out as of yet but are expected to be released over the next few days.
The Girl On Sports,
Crystal
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