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NHL proposes five-year max length for contracts

Los Angeles Kings v New Jersey Devils - Game One

NEWARK, NJ - MAY 30: Ilya Kovalchuk #17 of the New Jersey Devils looks on prior to Game One of the 2012 NHL Stanley Cup Final against the Los Angeles Kings at the Prudential Center on May 30, 2012 in Newark, New Jersey. (Photo by Bruce Bennett/Getty Images)

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In addition to the NHL offering the players a 50-50 split of hockey-related revenue in the league’s latest CBA proposal, here are some other details of the offer, via Sportsnet’s John Shannon:

In the last CBA, players were allowed to sign so-called “lifetime” contracts. Ilya Kovalchuk, for example, was given a 15-year deal by the Devils. Also of note, five years is the maximum contract length under the NBA’s new CBA.

Free agency previously started at 27 and seven, respectively.

In the last CBA, ELC’s were three years.



Previous estimates had total revenue sharing between large-market and small-market teams around $150 million.

Owners would prefer no arbitration.

If accepted, will be known as the “Wade Redden rule.”