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Report: NHL comes off $60 million cap for 2013-14

Gary Bettman

NHL Commissioner Gary Bettman arrives for negotiations with the NHL Players’ Association in Toronto Thursday, Oct. 18, 2012. The NHL Players’ Association confirmed it will make a new offer during negotiations on Thursday. On Tuesday, the NHL proposed a 50-50 hockey-related revenue split and an 82-game regular season. (AP Photo/The Canadian Press, Chris Young)

AP

Progress is apparently being made in New York City between the NHL and NHLPA.

Larry Brooks of the New York Post reports the NHL has come off their demand to have a $60 million salary cap for the 2013-14 season. The $60 million cap for next season had been one of the NHL’s big sticking points in the latest round of negotiations as the players would like to see it a bit higher, around $65 million.

One of the catches for the players’ association should the cap jump up is, as James Mirtle of The Globe And Mail details, an increase in escrow payments. You could consider this development all a part of doing actual bargaining.