(phot from flickr user Rhs Asphlundh)
It came down to the wire but there will be an NHL hockey season this year. A tentative agreement was reached yesterday to end the lockout in the NHL.
The Basics of the deal:
Players agree to a 10 year deal with an option to opt- out after eight
Owners agree to move off their 60 million dollar salary cap for 2013-2014.
Players salaries cannot vary more than 35 percent from year to year
Salaries cannot go below 50 percent of the highest year
Player contracts can be as long as 7 years
Players get a 50 percent revenue share
No date has been set for the start of the season but a 50 or 48 game schedule will begin sometime after January 15th.