NHL Lockout Over: Tentative Deal Reached
Several reports from very respected media personnel are coming in that the NHL and NHLPA have reached a tentative deal to end the 2012-2013 NHL lockout that has been in effect since September 16th 2012. Denverpost.com was the first to break the news as they had heard from several sources on both sides that the deal was done, followed soon after Bob Mckenzie and others.
Full details have yet to be disclosed but reported that it will be a 10 year CBA with an opt-out by both sides at eight years. Maximum contract length will be seven years for free agents, or 8 years for a team resigning one of it’s own free agents. The salary cap for the 2013-2014 season will be 64.3 million, down from the 70 million cap hit teams were looking at under the old CBA deal.
The lockout had gone into 100+ days of bargaining and posturing from both sides but if reports are true, once confirmed by both parties it appears federal mediators were finally what helped it all along. With meetings stretching past 16 hours, it appeared that both sides were not prepared to stop until a deal was done or until there was no progress left to be made for the day. There is obviously still some work to be done, which is why a “tentative deal” has been reached, but it appears all of the major issues are taken care of. It may still take a few days before an official start date to the season is announced and schedules are worked out, but it seems as if there will be hockey this season.
Keep checking back as we will have a full break down of the new CBA explaining the changes and providing any further news.