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The Latest On The NHL Negotiations

from Elliotte Friedman of Sportsnet,

As the NHL/NHLPA continue to grind their way through a return-to-play/CBA agreement, terms continue to seep out. Here’s some of what we’re hearing:

The updated rules will carry through 2025-26, although there is a provision for a one-year extension if more than $125 million in escrow is owed to the league. The salary cap for 2020-21 is $81.5 million. The NHL/NHLPA are talking about keeping it there until revenues hit $4.8 billion. At that point, they will use the two years prior to calculate the cap number — meaning the 2022-23 ceiling will be based on 2020-21 revenues. That will give more certainty and planning.

Cap on escrow is 20 per cent next season. Somewhere between 14-18 per cent in 2021-22, depending on 2020-21 revenue. Then we go 10 per cent in 2022-23, with a maximum of six per cent over the remaining term (if there is an extra year, the escrow cap will be at nine per cent). There will be a 10 per cent salary deferral next season. It will be repaid during the final three years of this CBA.

Olympic participation for 2022 and 2026 is guaranteed pending agreement with the IOC. This year’s playoff fund (a bonus pool of money players earn the longer their team plays) will be doubled to $32 million. It is much higher this year since more teams are eligible and players are coming into a bubble during a pandemic. It will go to $20 million next season. The minimum salary will rise to $750,000 next season and reach $800,000 by the end of this deal.

There are some interesting modifications:

continued

Filed in: NHL Talk, NHLPA, | KK Hockey | Permalink
 

Comments

TreKronor's avatar

This is the least interested I can remember being in NHL CBA negotiations.

Posted by TreKronor on 07/04/20 at 07:32 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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