As the NHL and NHLPA work to finalize and ratify a new CBA extension, here’s the biggest changes you should know that are coming.
Key Changes to the upcoming CBA
- The new extension is for six years with an option to extend for one more.
- Players can opt-out of RTP this summer without having an underlying condition and can’t be penalized.
- Cap ceiling will remain at $81.5 million and can’t go up until revenue hits $4.8 billion.
- Escrow will be 20% next season and work its way down to 6% by the 2023-24 season. This is what Artemi Panarin wanted players to hold out for.
- Participation in at least for the next two Olympic Games
- No conditional picks for signing with the team a player was traded to. Ex: no upgrading a 2nd round pick for a 1st if that player signs with the team that traded for him.
- No Move/Trade follows the player. In the past if a player was traded before his clause kicked in, the new team could opt out. Think Derek Stepan and PK Subban.
- Players in Europe no longer needed to clear waivers if they signed a deal by December 15th.
- NHL minimum salary will go from $700,000 to $750,000 next season.
- No more front loading deals. The NHL has lowered the salary variability from the first year to the last to 35%. Originally it was 50%. This takes away a little bit of power from teams like the Toronto Maple Leafs and the New York Rangers who are notorious for front loading contracts to land free agents.