• 10-year agreement (either side can opt out after eight years).
• 50-50 split in revenues.
• $70.2 million prorated salary cap this season; $64.3 million ceiling in 2013-14 with $44 million floor.
• Maximum contract lengths of seven years (eight years for teams re-signing own players).
• Year-to-year variance of salaries is a maximum 35 percent; the lowest season cannot be less than 50 percent of the highest.
• $200 million in revenue sharing.
• Defined player pension plan with owners accepting liability.
• Two compliance buyouts per team for 2013-14 that wouldn't count vs. the salary cap.
• Minimum salary starts at $525,000, increases to $750,000 by Year 9.
• Suspensions longer than six games go to a third party for appeal.
• All 14 non-playoff teams will have a shot at the No. 1 overall draft pick.
• Olympics and realignment will be agreed upon at a later date between the NHL and NHLPA.
To be honest I am still stoked as hell that the NHL is back. Part of me also wont believe it till i hear the first goal horn of the season
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