NHLPA Agrees to Extend Agreement Through 2011-12 Season
The current agreement between the NHL and the players' union was scheduled to expire on September 15, 2011. In other news Tuesday, the NHLPA elected to maintain a 5 percent growth factor for the upcoming season, a move that will mean an increase in the salary cap by about $2 million per team.
"It is apparent through the operation of the CBA that there are a number of issues that require serious examination," the NHLPA executive board said in a statement. "The NHLPA is currently reviewing these issues and will be forming a negotiating committee in the coming months in order to address these matters."