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Key details from tentative NHL labour agreement

Sunday, 01.06.2013 / 9:25 AM / News

The Canadian Press

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Key details from tentative NHL labour agreement

A look at some of the key details from the tentative collective bargaining agreement announced by the NHL and the players' association on Sunday morning:

— 10-year deal, and each side is able to opt out after eight.

— Free-agent contracts are limited to a maximum length of seven years, but clubs can go to eight years to re-sign their own players.

— Players' share of hockey-related income drops from 57 per cent to a 50-50 split.

— The salary cap for the upcoming season is $70.2 million, and it will go down to $64.3 million in the 2013-14 season.

— The salary in individual player contracts can't vary more than 35 per cent year to year, and the final year can't be more than 50 per cent of the highest year.

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I love you. I think we [climbed] as high as we possibly can.

— Sergei Fedorov to former Red Wings teammate Nicklas Lidstrom after each was voted into the Hockey Hall of Fame's Class of 2015 on Monday
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