Loading ...The NHL and its players union agreed on a tentative CBA over the weekend. The deal will allow for either a 48- or 50-game schedule this season, depending on logistics. The deal won't be finalized until Monday night, at the earliest.
Following, according to sources including ESPN and USA Today, are details of the new CBA:
- The deal is for 10 years, but there's a mutual opt-out after eight years.
- Revenue will be split 50-50. Players got 57 percent of revenue in the previous CBA, which expired in September.
- The salary cap for this season will be a prorated share of the $70.2 million cap that would have been in place under the previous deal. Next year, that will drop to $64.3 million (with a floor of $44 million). Teams can give two buyouts prior to 2013-14 to get under the cap. The Buffalo Sabres are at 464.35 million for this season and $49.64 million for 2013-14, with 14 players under contract for next season.
- A 35 percent year-to-year variance limit was put on multiyear contracts, meaning a player's annual salary can't increase by more or less than 35 percent per year. That prevents contracts such as that of Sabres defenseman Tyler Myers, who was to earn $12 million this season but only $6 million next season. No yearly salary can be less than 50 percent of the highest year on the deal, either.
- Player contracts can't be longer than seven years (eight years if a team re-signs its own player).
- All 14 nonplayoff teams will now have a shot at gaining the No. 1 pick in the draft lottery. Previously, only the lowest five teams could get that pick.
- Free agency will start July 10 this coming June but will remain at July 1 in all future years.
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