Chart: Key changes in the new NHL collective bargaining agreement
- January 6, 2013 - 9:35 PM
KEY CHANGES IN NEW CBA
A look at the major points of the tentative collective bargaining agreement reached by the NHL and the NHL Players' Association early Sunday:
10-year agreement (either side can opt out after eight years).
50-50 split in revenues.
$70.2 million prorated salary cap this season; $64.3 million ceiling in 2013-14 with $44 million floor.
Maximum contract lengths of seven years (eight years for teams re-signing own players).
Year-to-year variance of salaries is a maximum 35 percent; the lowest season cannot be less than 50 percent of the highest.
$200 million in revenue sharing.
Defined player pension plan with owners accepting liability.
Two compliance buyouts per team for 2013-14 that wouldn't count vs. the salary cap.
Minimum salary starts at $525,000, increases to $750,000 by Year 9.
Suspensions longer than six games go to a third party for appeal.
All 14 non-playoff teams will have a shot at the No. 1 overall draft pick.
Olympics and realignment will be agreed upon at a later date between the NHL and NHLPA.
© 2013 Star Tribune