AOL News has a new home! The Huffington Post.

Click here to visit the new home of AOL News!

Hot on HuffPost:

See More Stories

NHLPA Agrees to Extend Agreement Through 2011-12 Season

Jun 22, 2010 – 4:14 PM
Text Size
FanHouse Staff

FanHouse Staff %BloggerTitle%

The NHL Players' Association exercised its option to extend the current collective bargaining agreement (CBA) through the 2011-12 season, the union's executive board announced at the conclusion of a meeting in Chicago on Tuesday.

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."
Filed under: Sports

ON FACEBOOK