(Turns off teenage girl mode)
Ahem, I mean, thank god the lockout is over. It took a 16 hour meeting, but the NHL and NHLPA both hammered out a tentative deal. So the NHL will start and be played while the nuts and bolts are figured out. Here is what the framework looks like:
- A 10-year CBA deal with an opt-out at year 8.
- 50/50 HRR split throughout the deal.
- Contract length. A player's maximum contract is no longer than 7 years (8 if it's a re-signing).
- Contract variance. Each year of the contract can not fluctuate more than 35% of the year before. In addition, the lowest amount a player can make in a given contract can not be less than 50% of the highest amount.
- Arbitration. Teams cannot walk away on deals less than $3.5M.
- Suspensions are mostly the same. Shanahan deals them out, and Bettman is the appeals process for 5 games or less. If it is 6 or more game, an independent panel will deal with appeals.
- $300M "make-whole" agreement is in place.
- The salary cap has a $44M floor and a $64.3M ceiling. The shortened season is an exception, as teams can spend up to $70.2M this season (reportedly).
- Every team gets 2 "compliance" buyouts. (Bye bye Gomez)
- Teams cannot bury contracts. Any contract over $900K will still count against the cap.
- All the international stuff (Olympics and World Cup!) will be decided later.
- Nothing about realignment.
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