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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

I've got a lot of experience and there's a lot of young guys. It's even making me excited a little more. It's kind of a new life. At my age, I feel like I know a lot of things what to do, but I just cannot do it anymore. It's a lot easier to tell them what to do because they've still got the legs and hands to do it. I just know things, but I cannot do them anymore.

— Jaromir Jagr after making his Panthers debut in a win against the Sabres on Saturday
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