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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.

Quote of the Day

When we started our journey we made a commitment to our fans to be relevant and to see the Chicago Blackhawks become the best professional hockey organization. There are not two finer symbols of that than Jonathan Toews and Patrick Kane. The commitment we have made to these incredible young men is equal to the commitment they have made to our team, our fans, our entire organization and the city of Chicago.

— Chicago Blackhawks owner Rocky Wirtz on signing Jonathan Toews and Patrick Kane to contract extensions