Sunday, January 6, 2013

THE NHL LOCKOUT IS OVER

L;KJFA;LKJFDA;LSKFJLDS;AKJF;DSLKA IT'S FINALLY OVER!!!!! K;AJDF;LKASJF;LKAJS;LFDKJA;LFDKJ;ALKSFJDA;L



Okay, now that I got that out of the way, here's what we know:  There is definitely a deal in place between the NHL and NHLPA that needs to be ratified.  Here are the details as I've seen:

  • From @RenLavoieRDS:
    • The CBA is 10 years with an opt-out at 8 years.
    • The Year 2 ('13-'14) salary cap will have a floor of $44 million and a cap of $64.3 million
    • There will be 2 amnesty buyouts per team before the 2013-14 season
    • The pension deal will be based off of what MLB has (I don't know the details yet), and it is the only gain the players received from the last CBA.  Owners will be responsible for losses.
  • From @DarrenDreger
    • Training camp will open Wed-Fri depending on when ratification occurs
    • Draft lottery will change, all 14 teams that don't make the playoffs will be eligible for the 1st overall pick instead of the worst 5 teams
    • It is likely the NHL will participate in the 2014 Olympics, but that decision will be made outside of the CBA
    • Supplemental discipline: Shanahan makes the 1st decision.  Appeals go to Gary Bettman.  For a suspension over 6 games, a neutral 3rd party will be used if necessary.
  • From @Real_ESPNLeBrun
    • Player contracts will be limited at 7 years for free agents, 8 years for a player that a team already has.
    • If there is a 50 game season, it will begin on January 15th.  A 48 game season will begin on January 19th.
    • First year salary cap will have an upper limit of $60.2 million, but teams can spend up to $70.2 million.  The floor will be $44 million.
    • Owners wanted a July 10th free agency date, but players stood firm and it remains July 1st.
  • From @RealKyper
    • There will be revenue sharing at $200 million plus a $60 million growth fund
    • Contract variance can be 50% of the highest number in the contract (ex. - $10 mil to $5 mil)
    • Contract variance can only be 35% from year to year
  • From @KatieStrangESPN
    • The playoffs are expected to stretch into late June
  • From @jessespector
    • Realignment has not been discussed yet
  • From @reporterchris
    • The minimum salary will begin at $525,000 and will rise to $750,000 by Year 10
    • One way deals in the AHL that total minimum salary + $375,000 are exempt from the cap

I'll keep adding to this as I read more.

Scot Breckenbaugh, the federal mediator, played a huge part in solving this.

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