Latest news with #CBA
New York Post
6 hours ago
- Business
- New York Post
NHL, NHLPA reach labor peace and sign four-year CBA with longer regular season coming
LOS ANGELES — The NHL has achieved labor peace in our time. The league and the NHLPA announced Friday morning that a memorandum of understanding has been signed on a four-year collective bargaining agreement beginning in the 2026-27 season, with ratification on both sides still needed before things are completely final. Both sides declined to confirm specific details at a press conference Friday morning, citing the need for ratification, but it's been widely reported the NHL will expand to an 84-game regular season, with the preseason being shortened in return. NHL commissioner Gary Bettman speaks before the NHL hockey draft Friday, June 27, 2025, in Los Angeles. AP 'That's certainly one of the things that was a topic of discussion,' commissioner Gary Bettman said. Per The Athletic's Chris Johnston, the CBA also includes a reduction of max contracts to seven years when a player is re-signing and six years for free agents, the elimination of deferred salary and salary cap enforcement during the playoffs. Unlike past CBA negotiations, this one appears to have been relatively smooth sailing, with Bettman and NHLPA head Marty Walsh praising the way both sides worked together in a press conference Friday morning before the draft. 'We started the conversation in end of March, early April. As Gary framed it, very good meetings,' Walsh said. 'Didn't agree on everything, but no major blowouts in the room. We just talked about keeping it in front of us moving forward.' The exact timing for ratification was left unsaid, but the mere fact that a press conference with both sides was held Friday indicates that is not expected to be a stumbling block. Marty Walsh of the NHLPA along with Gary Bettman of the NHL announce a tentative CBA agreement at Peacock Theater on June 27, 2025 in Los Angeles, California. Getty Images The four-year length of the CBA was a priority for the PA, Walsh said. The league was happy to oblige. 'I just think it's important, for longer-term contracts, you have players in the league that play that have never gone through negotiations,' Walsh said. 'We have some players that came into this league under the last agreement and retired under the last agreement. They have had a chance to really express their collective bargaining opinions or rights.' No additional details were revealed about the 2026 Olympic kickoff event at UBS Arena or the 2027 All-Star weekend that will also take place on Long Island. Deputy commissioner Bill Daley repeated that this year will be an 'entertainment event' that includes players, and there will be an on-ice event at UBS in 2027; however, the exact format of either is not yet clear.
Time of India
7 hours ago
- Business
- Time of India
NHL and NHLPA make bold move with surprise CBA deal lasting until 2030
NHL and NHLPA make bold move with surprise CBA deal lasting until 2030 (Image via Getty) Big news just came out before the 2025 NHL Draft. The NHL and the NHL Players' Association have quietly reached a deal that could change the next few years of the league. Many fans and players were not expecting this so early. Now, everyone is talking. The agreement was announced during a live press event in Los Angeles just hours before the draft, and it looks like the NHL will enjoy labor peace for a long time. Gary Bettman and Marty Walsh confirm deal to extend labor agreement through 2030 At a press conference in Los Angeles on Friday, June 28, 2025, NHL Commissioner Gary Bettman, NHL Deputy Commissioner Bill Daly, NHLPA Executive Director Marty Walsh, and NHLPA Assistant Executive Director Ron Hainsey disclosed that they had approved four years more of the league's Collective Bargaining Agreement (CBA). The current agreement, set to end on September 15, 2026, will now continue through September 15, 2030, if both sides approve it in upcoming votes. Bettman called the extension 'completely refreshing' and said it gives the league, players, and business partners a clear and stable future. Marty Walsh said talks had been ongoing for more than two years. He added that early conversations with Bettman helped build trust. They focused on growing hockey through global events like the Olympics, the World Cup, and the 4 Nations Face-Off, and both sides believed it was time to lock in stability. Players and teams welcome changes as final votes are expected soon The NHL Board of Governors is expected to review the CBA details soon. Bettman said the board had already seen most of the new terms during meetings earlier this week. Meanwhile, the NHLPA will present the deal to players for a full vote within the next week. Though the final document is still private, a few key points have been reported. These include an 84-game regular season, fewer preseason games (now just four), and a new rule for contract length. Players can now sign for seven years with the same team, or six years with a new team. John Tavares, who just signed a four-year deal with the Toronto Maple Leafs, called the news 'great for the game.' He said this deal shows how much the league has grown, and that things feel more stable than in past years. Also Read: NHL And NHLPA Launch International Bidding For 2028 World Cup Of Hockey Host Cities Bettman praised Walsh for helping keep talks smooth and focused. Both sides said they didn't agree on everything but worked with respect to find a deal that helps everyone. Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
NBC Sports
9 hours ago
- Sport
- NBC Sports
Second round is current battleground for fully-guaranteed contracts
The collusion grievance, which found that the NFL/Management Council encouraged teams to violate the CBA, flowed from an effort to limit the spread of fully-guaranteed contracts. And there's an ongoing effort to limit the spread of fully-guaranteed contracts. The vast majority of all 2025 draft picks have signed their four-year rookie deals. In round two, 30 of the selections have yet to sign. The problem is that, for the first time ever, a second-round pick has gotten a fully-guaranteed contract. It started with Texans receiver Jayden Higgins, the second pick in round two. That sparked a fully-guaranteed contract for Browns linebacker Carson Schwesinger, the first pick in the second round. For the next 30 picks, nothing has happened. Obviously, the players and their agents want as many of the deals as possible to be fully guaranteed. The teams want to draw the line as close to the third pick in round two (Seahawks safety Nick Emmanwori) as possible. There's no colluding to be done, since the common goal of limited guaranteed deals is obvious. Still, it's the current battleground when it comes to whether the full four years of a contract will be guaranteed. None of the players will take something less than a fully-guaranteed deal below Emmanwori, because they don't want to be responsible for ending the run of fully-guaranteed deals. And every team will want to be the one that successfully held the rope and won the full-guarantee tug-o-war. Eventually, someone will have to blink. It'll probably start later in the round, with players who wouldn't expect to get a full guarantee anyway. And then it could work its way up the ladder. At some point, a player is going to insist on a fully-guaranteed deal and the team is going to insist on not fully guaranteeing the deal and there will be no middle ground. In a roundabout way, the mere existence of this problem proves that collusion, if it's happening, is far from universal. The Texans created the predicament by becoming the first team to give a fully-guaranteed contract to a second-round pick. If all 32 teams were in cahoots on a plan to limit fully-guaranteed contracts, the Texans never would have done that. However it plays out from here, one thing is clear. There won't be any emails or other written communications encouraging the teams to resist giving players fully-guaranteed deals. Documents like that nearly created a major problem for the NFL. It would still be a major problem, if the NFLPA had any inclination to capitalize on the leverage they've secured.
The Star
10 hours ago
- Business
- The Star
NHL, NHLPA reach terms on labor pact that goes through 2029-30 season
(Reuters) -The National Hockey League and union representing its players announced on Friday that they have agreed to a four-year extension of the collective bargaining agreement that will carry through the 2029-30 season. The two parties, who made the announcement during a joint news conference, signed a memorandum of understanding and the deal requires ratification from both NHL owners and the NHL Players' Association membership. "We can all look forward to at least five years more of labor peace of the Players' Association and the NHL working together," NHL Commissioner Gary Bettman told reporters ahead of the 2025 NHL Draft in Los Angeles. "While we didn't agree on everything, we had a very constructive, professional, collaborative collective bargaining process, which I think you all know started (at the) end of March and April. The current CBA, which was signed in 2013 with a four-year extension ratified in 2020, expires in September 2026. Among the changes that have been reported is the regular season expanding to 84 games per team from 82 while the pre-season drops to four games from six per team. Reaching an agreement well before the current CBA expires is a welcome sign for a league that has experienced three lockouts in the last 30 years. "We thought that it would be good to get this conversation moving," said NHLPA Executive Director Marty Walsh, a former U.S. Labor Secretary who took on his current role in February 2023. "The process for us now is to take this agreement to the entire membership for ratification; we're going to do that over the next week or so. "I'm happy with the process. Hopefully, the players will be happy with the outcome." (Reporting by Frank Pingue in Toronto, editing by Pritha Sarkar)
Straits Times
10 hours ago
- Business
- Straits Times
NHL, NHLPA reach terms on labor pact that goes through 2029-30 season
FILE PHOTO: Mar 24, 2023; Columbus, Ohio, USA; The NHL logo is seen on the game net prior to the game between the New York Islanders and the Columbus Blue Jackets at Nationwide Arena. Mandatory Credit: Aaron Doster-USA TODAY Sports/File Photo REUTERS The National Hockey League and union representing its players announced on Friday that they have agreed to a four-year extension of the collective bargaining agreement that will carry through the 2029-30 season. The two parties, who made the announcement during a joint news conference, signed a memorandum of understanding and the deal requires ratification from both NHL owners and the NHL Players' Association membership. "We can all look forward to at least five years more of labor peace of the Players' Association and the NHL working together," NHL Commissioner Gary Bettman told reporters ahead of the 2025 NHL Draft in Los Angeles. "While we didn't agree on everything, we had a very constructive, professional, collaborative collective bargaining process, which I think you all know started (at the) end of March and April. The current CBA, which was signed in 2013 with a four-year extension ratified in 2020, expires in September 2026. Among the changes that have been reported is the regular season expanding to 84 games per team from 82 while the pre-season drops to four games from six per team. Reaching an agreement well before the current CBA expires is a welcome sign for a league that has experienced three lockouts in the last 30 years. "We thought that it would be good to get this conversation moving," said NHLPA Executive Director Marty Walsh, a former U.S. Labor Secretary who took on his current role in February 2023. "The process for us now is to take this agreement to the entire membership for ratification; we're going to do that over the next week or so. "I'm happy with the process. Hopefully, the players will be happy with the outcome." REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
