NHL League and Players’ Association Reach Agreement to End Lockout

Image: NHL commissioner Gary Bettman | Mary Altaffer/Associated Press

Hockey fans are rejoicing as news spreads of an agreement between the National Hockey League and the National Hockey League Players’ Association that will end a lockout that last 113 days, the second longest lockout in the history of the NHL. The 2013 NHL season is back on track.

After a 16-hour meeting, both sides of the table were able to come together and reach an agreement in the nick of time. As Gothamist.com reports, the final decision to end the lockout came just five days before the January 11 deadline that could have scraped the entire 2013 season all together.

The specific details of the agreement are still being ironed out and then will have to be approved by both sides, however many reports are indicating this could be done as early as this wee.

All of the tentative details have been outlined on ESPN.com, and includes “for the first year, the salary cap is $60 million, but teams can spend up to $70.2 million in the transition period, while the floor is $44 million,” and “the opening of free agency remains July 1”.

Don Fehr, union executive director, said, “Hopefully within a very few days, the fans can get back to watching people who are skating and not the two of us,” referring to himself and Commissioner Gary Bettman. 

ESPN reports that a 50-game season is expected to begin on January 15, and a 48-game season would be pushed back to starting on January 19. 

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