A meeting between the NHL and NHLPA regarding the league's collective bargaining agreement will take place Friday (September 6th) in New York. The NHLPA has until September 15th to opt out.
The current CBA is a ten year agreement that expires on September 15, 2022, with the option for either group to opt out of the deal in the eighth year. Last week, a statement was released by NHL commissioner Gary Bettman saying the league “would not be exercising its option to reopen the Collective Bargaining Agreement for the 2020-2021 season." The NHL's opt-out deadline was September 1st.
If the NHLPA decides to opt out, the two organizations will have until the beginning of the 2020-2021 season to come to an agreement. If an agreement is not reached by that time, we will be facing another lockout. However if the NHLPA decides to forego the opt-out, the agreement will remain in place until the end of the 2021-2022 season. The biggest concern for players with the current agreement is the 50/50 revenue split with the owners, as they are not making their full contract values due to escrow
Players met in Chicago Wednesday night for discussions, however no decisions were made. Friday's meeting with the league in New York will possibly move the NHLPA closer to a decision.
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