The NHL and the NHLPA are reportedly on the cusp of announcing a four-year extension to their Collective Bargaining Agreement (CBA), signaling an era of unprecedented labor peace and setting the stage for significant changes in the league. According to sources, the framework of the agreement could be revealed as early as Friday, ahead of the NHL Draft in Los Angeles. This move marks the earliest point in Gary Bettman's tenure as commissioner that a new agreement has been reached, highlighting the constructive relationship between the league and the players' union.

The proposed extension, which would run from September 16, 2026, to September 15, 2030, ensures five years of labor continuity, a welcome prospect for a league that has experienced three work stoppages in its history. The agreement is expected to bring about several notable changes to the NHL landscape.

One of the most significant adjustments is the anticipated move to an 84-game regular season, set to begin in the 2026-27 season. This expanded schedule will lead to a reduction in the preseason, with teams expected to play just four games. Furthermore, experienced players with over 100 NHL games under their belts will be limited to a maximum of two preseason appearances.

The new CBA is also set to address player contracts. The maximum term for contracts will be reduced to seven years for players re-signing with their current teams and six years for those entering free agency. The 2025-26 season will be the last opportunity for players to sign eight-year deals.

Another key aspect of the agreement is the implementation of a comprehensive playoff salary cap mechanism. This measure aims to close the long-term injured reserve (LTIR) loophole, preventing teams from exceeding the salary cap by stashing players on LTIR during the regular season and then activating them for the playoffs. Deferred salary contracts, which have been used to lower cap hits, are also expected to be prohibited under the new CBA.

Beyond these major changes, the agreement is expected to include several other notable updates. These include the elimination of the player dress code before and after games, as well as the establishment of permanent emergency backup goalies (EBUGs) for each team. Furthermore, landmark improvements to player benefits, such as health insurance and post-playing health insurance stipends, are anticipated. The agreement also addresses the payment of player payroll taxes and worker's compensation premiums, shifting the responsibility to the owners' share.

Commissioner Gary Bettman has emphasized the positive relationship between the NHL and the NHLPA, particularly highlighting the constructive and professional dynamic he shares with NHLPA executive director Marty Walsh. This collaborative spirit has been instrumental in reaching an agreement that addresses the needs and concerns of both the league and its players. The successful completion of this CBA extension is poised to fuel the continued growth and prosperity of hockey for years to come.