Found January 06, 2013 on Sports-Glory:
The NHL and the players' association have reached a tentative agreement Sunday morning as NHL commissioner Gary Bettman and NHLPA executive director Donald Fehr announced a framework for a new collective bargaining agreement. "Don Fehr and I are here to tell you that we have reached an agreement on the framework of a new Collective Bargaining Agreement, the details of which need to be put to paper," Bettman said. "We have to dot a lot of I's and cross a lot of T's. There is still a lot of work to be done, but the basic framework has been agreed upon. We have to go through a ratification process and the Board of Governors has to approve it from the League side and, obviously, the players have to approve it as well. We are not in a position to give you information right now about schedule, when we are starting. It's early in the morning and we have been at this all day and all night, obviously. But, we will be back to you very shortly, hopefully, later today with more information in that regard." The deal must still be drafted and approved by both the board of directors and NHLPA membership. From CBSSports.com: The length is going to be 10 years with an opt out after eight. Here are other details in the new deal: • Player contracts will be capped at seven seasons for free agents, eight years for players who re-sign with their teams; • The salary cap in the second year (2013-14) will be $64.3 million, while the salary floorwill be $44 million; • The year-to-year contract variance will be 35 percent, but the lowest season can't be more than 50 percent less than the highest season to avoid back-diving contracts; • Each team will be allowed two amnesty buyouts before the 2013-14 season, which will count against the players' sharel; • Revenue sharing will now include $200 million with a $60 million growth fund; • The draft lottery will change so that any team in the lottery can win the No. 1 overall pick, not be restricted in how far it can move up; • The appeals process for supplemental discipline will still go through Gary Bettman, but a neutral third party will weigh in on suspensions of six games or more; • There will be no more salary arbitration walkways on deals less than $3.5 million • Minimum salaries for NHL players will start at $525,000 and reach $750,000 by CBA's end Bettman did not have details on a potential schedule for this season.  ESPN says it could be either a 48 or 50-game season that will either start Jan. 15 or Jan. 19.
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

National Hockey League:Lockout ends after 113 days

After 113 days, the National Hockey League lockout has come to an end as both sides have come to a tentative agreement after a 16 hour negotiation session with a federal mediator that started Saturday (Jan. 5) afternoon. Game On! NHL lockout over after 113 days. NHL Commissioner, Gary Bettman would not elaborate on the details of the agreement, but we do know the term of  the deal...

Video- Talking Gary Bettman

The hockey experts at Sportsnet take a look at Gary Bettman.  
GAME ON

Report: NHL lockout now over

The two sides have finally reportedly reached an agreement, and now the NHL will look to have a 48- or 50-game season, starting in mid-January. 

Players, city excited as return of NHL looms

NASHVILLE - And on the 113th day of the lockout, they said let their be hockey. They are NHL commissioner Gary Bettman and NHL Players Association executive director Donald Fehr, who emerged early Sunday morning from a final 16-hour bargaining session in New York City to decree the lockout over and that league players and owners would soon ratify a new collective bargaining agreement...

NHL, union reach tentative agreement

NEW YORK (AP) -- Hockey is back, and it took nearly four months and one long night to get the game back on the ice. With the season on the line, the NHL and the players' association agreed on a tentative pact to end a 113-day lockout and save what was left of a fractured schedule. Commissioner Gary Bettman and union executive director Donald Fehr ceased being adversaries and...

NHL, players reach deal to end lockout

NEW YORK (AP) -- Hockey is back, and it took nearly four months and one long night to get the game back on the ice. With the season on the line, the NHL and the players' association agreed on a tentative pact to end a 113-day lockout and save what was left of a fractured schedule. Commissioner Gary Bettman and union executive director Donald Fehr ceased being adversaries and...

NHL, players union reach tentative agreement

NEW YORK (AP) -- Hockey is back, and it took nearly four months and one long night to get the game back on the ice. With the season on the line, the NHL and the players' association agreed on a tentative pact to end a 113-day lockout and save what was left of a fractured schedule. Commissioner Gary Bettman and union executive director Donald Fehr ceased being adversaries and...

NHL, NHLPA agree to framework of new CBA

NEW YORK -- The National Hockey League and the National Hockey League Players' Association reached agreement on the framework of a new Collective Bargaining Agreement early Sunday morning."Don Fehr and I are here to tell you that we have reached an agreement on the framework of a new Collective Bargaining Agreement, the details of which need to be put to paper," NHL...

Governor Dan Malloy Forms Group to Bring NHL Back to Hartford, Has Approached Buyers

Hartford hockey fans are probably very happy that the NHL has returned, but they won’t be completely satisfied until the “Brass Bonanza” is blasting once again. Connecticut governor Dan Malloy is doing everything he can to make that happen, according to The New York Post. The Post’s sources are indicating that Malloy has formed a group to look into bringing a team back to...

So the NHL wants us back... (RW77)

So the NHL is back with pretty much a joke of a season...but wait! They have to get all those players back...  Will they succeed?  I'm not sure everyone will return.  There has to be concern that injuries may take control and there is no room to develop talent and anything that makes a team a team.  It's basically the ultimate scramble tournament format.  Who can...

The NHL Returns: Why You Should Watch

Gary Bettman and Donald Fehr shook hands on Sunday, effectively ending the NHL lockout. The damage is done, but you should still watch.The post The NHL Returns: Why You Should Watch appeared first on The Sports Fan Journal.

Hockey is Back! NHL, NHLPA Strike Deal On New CBA

Following a marathon 16-hour negotiation on the 113th day of the lockout, the NHL owners and the players association have finally struck a deal on a new collective bargaining agreement. The term of the deal is for 10 years and will salvage what’s left of the 2012-13 season. This came as a surprise to many since both sides appeared to be very far apart on some key issues. But around...

NHL, players settle labor dispute

NEW YORK (AP) They walked into a Manhattan hotel, knowing they were running out of time to save their season. After 16 hours of tense talks, the NHL and its players finally achieved their elusive deal early Sunday morning, finding a way to restart a sport desperate to regain momentum and boost its prominence. Ending a bitter dispute that wiped out a large part of the hockey season...
Kings News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.