CBA update involving: buyouts, arbitration, playoff money, opt out, minimum salaries and schedule

  • Pierre LeBrun via twitter: Draft Terms Sheets were sent to teams describing the deal yesterday, while the league and players associations are still working on the memo of understanding.
  • Bob McKenzie via twitter: The players playoff pool money goes from $6.5 million last season to $13 million for the next 2 seasons. Then $14 million for 2 years, $15 million for 2 years, $16 million for 2 years and $17 million for the final 2 years.
  • Bob McKenzie via twitter: 10 year CBA has a mutual opt out option after 8 years, with the NHL given the 1st option to terminate the deal. Has to be done before Sept. 1st, 2019. The NHLPA 2nd option has to be done by Sept. 15th, 2019.
  • Brian Lawton via twitter: League minimum salaries will start to increase in 2013-14 and will increase every 2 years. Will rise as follows: $550,000, $575,000, $650,000 and $750,000 in the last year of the deal.
  • David Pagnotta via twitter: Teams should get a look at the schedule [today]. Some teams have an indication that most of their previously scheduled home games won’t be changed.
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