Key bullet points of NHL's new six-year CBA: Olympics, salary cap and contracts

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When the NHL moved into Phase 2 of voluntary small-group activities and announced the target date for Phase 3 of formal training camps, it gave fans excitement that hockey could soon be on the horizon. At the very least, progress was being made. 

But, in a video conference call on June 11, Blackhawks star winger Patrick Kane pumped the brakes on things and revealed there were many key hurdles for the league and players to overcome before resuming play.

"Nothing has been agreed to yet," Kane said. "There's a long way to go before we reach a certain agreement where we would want to come back and play and feel safe enough and feel like it's the right deal for us to come back."

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The outspoken comments came as a surprise because there weren't many rumblings about the significant challenges going on behind the scenes until that day. 

What Kane was referring to was the protocols and safety measures for Phases 3 and 4, what life would be like in the two hub cities, the salary cap transition rules and, oh yeah, a revamped Collective Bargaining Agreement. That's right, for the past month, the NHL and NHL Players' Association were negotiating a new CBA, which had been the root of three lockouts in the past three decades.

But now there will be labor peace for at least the next six years after the two sides agreed to a new deal that will run through the 2025-26 season with an escrow provision that could extend the deal by one year. The previous deal was set to expire at the end of the 2021-22 season.

Here are the key bullet points from the CBA extension:

  •  The upper limit of the salary cap will be frozen at $81.5 million for 2020-21 and remain there until hockey-related revenue hits $3.3 billion. The ceiling won't increase by more than $1 million until HRR reaches $4.8 million, unless the NHL and NHLPA mutually decide to modify it. Once HRR surpasses $4.8 billion, the cap will increase by more than $1 million per year.
     
  • Twenty percent escrow limit for players in 2020-21; between 14-18 percent (TBD) in 2021-22; a maximum of 10 percent in 2022-23; and a maximum of 6 percent in 2023-24, 2024-25 and 2025-26.
     
  • The players' final paycheck from the 2019-20 season will go to repaying their debt to owners. That number is approximately $140 million.
     
  • NHL players will be allowed to participate in the 2022 Beijing Olympics and 2026 Milan Olympics, pending negotiations with the International Ice Hockey Federation and International Olympic Committee.
     
  • All no-trade and no-movement clauses will travel with the player in a trade, even if a player is moved before the clause kicks in.
     
  • The minimum salaries will remain at $700,000 for 2020-21, then increase to $750,000 for 2021-22 and 2022-23 and will jump to $775,000 for 2023-24, 2024-25 and 2025-26.
     
  • For players on entry-level contracts, the maximum dollar amount of "A" level bonuses will increase from $850,000 to $1 million per year. In addition, the maximum base salaries are increasing from $925,000 to $950,000 in 2022-23 and 2023-24, $975,000 in 2024-25 and 2025-26, and $1 million in 2026-27.
     
  • Unlike in 2013, compliance buyouts to provide cap relief are not part of the agreement.
     
  • There will no longer be a six-day negotiating window for pending unrestricted free agents leading up to the free agency signing period.
     
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