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Bettman/Daly Notes: CBA, Olympics, AHL

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NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly held a joint press conference ahead of the first game of the 2025 Stanley Cup Finals. They touched on a variety of league topics, most notably sharing that the league continues to progress well towards a new collective bargaining agreement (CBA) with the NHL Players’ Association. The pair shared that CBA negotiations are in “good shape” per Sportsnet’s Elliotte Friedman. Pierre LeBrun of The Athletic adds that they weren’t yet ready to call the deal close to final.

The NHL is a year out from needing to finalize a new CBA. Early momentum could point towards minimal changes in the next agreement, though the league did comment on a few potential changes. Daly and Bettman said they weren’t concerned about tax differential influencing player’s signing decisions. Later, NHLPA Assistant Executive Ron Hainsey shared that the league could reform the long-term injured reserve to avoid late-season manipulation. Both topics have grown to a roar over recent years, in light of repeated success for the Vegas Golden Knights and the pair of Florida-based teams.

Other notes from Bettman and Daly’s presser:

  • Daly confirmed that the league isn’t expecting Russia to participate in the 2026 Winter Olympics. The country was previously barred from participation at the 2024 Summer Olympics, though athletes were still able to participate under the category of “individual neutral athletes”. Russia’s Men’s Hockey team took home silver at the 2022 Winter Olympics, and gold in 2018, though the NHL did not send players to either competition. With this news, fans will have to wait even longer to see Russian stars take on Olympic competitors. The last time that superstars like Alex Ovechkin and Evgeni Malkin appeared at the Olympics was in 2014. Russia achieved a fifth-place finish that year.
  • Daly also shared that the league is considering opening AHL eligibility to teenagers in the next CBA, per Ryan Kennedy of The Hockey News. The Deputy Commissioner added that the NHL is discussing the change with the NHLPA, and has given advance notice to the CHL – though the dialogue is ongoing. Junior hockey is presently under a monumental shift after the NCAA expanded collegiate eligibility to CHL athletes. Early winds from the decision appear to be pushing major juniors to a younger demographic – momentum that would only seem to grow should the NHL and AHL give players even more options after their draft years.

Daly: NHL, NHLPA Have Made “Good Progress” On CBA Talks

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The 2025-26 NHL season is the last one under the current Collective Bargaining Agreement, which has been in place since the 2012 lockout and was extended/modified in 2020. The relationship between the league and the NHLPA has been on solid footing since the latter appointed former U.S. Secretary of Labor Marty Walsh as its executive director, and reporting throughout the past few months indicated negotiations on a new CBA were expected to go smoothly, avoiding the fourth work stoppage of commissioner Gary Bettman’s tenure.

CBA talks started at the beginning of April and are “well underway,” NHL deputy commissioner told Pierre LeBrun of The Athletic in a recent phone interview (article link). Daly added waiting until the expiry of the current agreement in September 2026 to announce a new CBA is “well beyond the window that I’m thinking… I would like to think that we’ll have a successful conclusion at some point in the not-too-distant future.”

Unsurprisingly, Daly wasn’t eager to divulge too many details about what the agreement will actually look like. However, he did highlight some areas in which to expect significant changes from current operations when pressed by LeBrun.

The storyline dominating this round of CBA talks was always going to be the future of rules regarding long-term injured reserve usage, particularly teams being able to add notable injured players to the postseason roster after they spent the entire regular season giving their club cap relief while on LTIR. Daly confirmed that it’s been a central point of discussions with the NHLPA and that “we’ve made progress toward getting to a good resolution on that issue.” What that resolution looks like – either a playoff salary cap or postseason roster eligibility restrictions based on regular-season LTIR stints – is unclear.

On the topic of expansion, Daly clarified the league’s position that they’re not close to adding a club and don’t plan on opening a formal expansion process. While the league isn’t soliciting bids, the current approach is “much more of a one-on-one conversation and relationship we have with various potential owners,” Daly said. He also called the watering down of talent by adding too many clubs “not even a minor concern” in the league’s eyes, given the game’s skyrocketing registration numbers in the United States and in Europe.

And while the league hasn’t officially put pen to paper on the agreement to send its players to the 2026 Winter Olympics in Milan, that’s purely been due to timeline and procedural issues. Daly reiterated “definitively” that NHL players will participate in the event for the first time in 12 years, and the plan to run World Cups of Hockey every two years between Winter Olympics remains in place.

Snapshots: Brisson, Atlanta, Roadrunners, CBA Talks

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As the Kings continue their search for their new general manager, it appears they kicked the tires on assessing veteran agent Pat Brisson’s interest in the position.  However, Pierre LeBrun of TSN and The Athletic relays (Twitter link) that Brisson is not expected to be interviewed for the role as he doesn’t have any interest in leaving his agent role with CAA.  Brisson was believed to be contacted regarding Montreal’s opening a few years ago but wasn’t interested in leaving then either.  He has 94 active NHL contracts, per PuckPedia, carrying a combined cap hit this season of more than $266MM so it’s not surprising that he wants to remain an agent.

Elsewhere around the hockey world:

  • There has been interest in pitching another Atlanta expansion franchise and it appears one group is getting close to making a formal expression of interest. In an appearance on 11 Alive News (video link), Vernon Krause, who is putting together an arena project in Forsyth County, stated that his group is in the “home stretch” to present a “completed package” to the league after the playoffs end next month.  The city had NHL hockey from 1972 to 1980 before the Flames moved to Calgary.  Their second run lasted a little longer, going from 1999 to 2011 before the Thrashers relocated to Winnipeg.  With Krause stating that his intent is to show his group is “shovel-ready” when it comes to an arena, he’ll be trying to make the case that the third time could be the charm.
  • Utah’s AHL team will remain in Tucson for next season, relays longtime team reporter Craig Morgan (Twitter link). However, the Mammoth could be moving their farm team before too much longer.  Nevada Sportsnet’s Chris Murray relayed earlier this week that the Reno Redevelopment Agency Board approved a $435MM arena proposal spearheaded by former Coyotes owner Alex Meruelo, who remains the owner of the Roadrunners.  Morgan notes that the Roadrunners are contracted to stay in Tucson for two more years but those might be the final two years in that city.
  • Speaking to reporters today including Tim Reynolds of the Associated Press, NHL Commissioner Gary Bettman indicated that CBA talks are progressing nicely and he hopes to have an extension in place sooner than later. Discussions started earlier this year, well in advance of the expiration of the current agreement in mid-September 2026.

League Notes: All-Star Game, CBA, Draft, Overtime, Rules, Playoff Format

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While there won’t be a repeat of the 4 Nations Face-Off next year, the tournament’s success has been enough to change how the league will use its winter break. There was initially expected to be a 2026 All-Star Game in the leadup to the Winter Olympics, but that won’t be the case – at least in its traditional form, league commissioner Gary Bettman told reporters today (including Frank Seravalli of Daily Faceoff). The Islanders will still be hosting some sort of event as initially planned, but whether it’s a revamped ASG format or an entirely different event remains to be seen.

More updates from Bettman today:

  • Discussions with the NHLPA on a new Collective Bargaining Agreement will commence the week of April 1, Eric Engels of Sportsnet relays. Negotiations with PA executive director Marty Walsh are expected to be smooth, avoiding the third work stoppage of the century. The league’s and NHLPA’s confidence in ratifying a new CBA quickly was underscored by their rather unprecedented move in January to release salary cap projections three years out. The current CBA, ratified in 2013 and extended in 2020, is set to expire on Sep. 15, 2026.
  • Bettman is “not a fan” of league GMs voting in favor of a decentralized draft format for 2025, per Elliotte Friedman of Sportsnet. This year’s run will be hosted by the Kings, but not at Crypto.com Arena – instead in the 7,100-seat Peacock Theater, while league front offices will conduct their business remotely. Top prospects will still be at the event, but picks will likely be read out by the commissioner instead, as GMs won’t be present. The league may move back to its usual draft format with everyone on the floor for 2026.
  • He’s also not enthused with the idea of extending 3-on-3 overtime past its current five-minute length, according to Seravalli. 10-minute 3-on-3 at the 4 Nations round-robin games was viewed as a test run for extending the OT period and having fewer games end in shootouts, but concerns over the deterioration of ice conditions and “additional wear and tear” on players – a few of which expressed their concerns following the tournament – remain paramount. In that vein, Friedman relays that no rule changes were proposed at this weekend’s GM meetings in Florida.
  • Lastly, there’s still no appetite from the league to alter the current playoff format, per Pierre LeBrun of TSN and The Athletic. A large contingent of fans and a few players have expressed support for ditching the wild-card system and returning to a one-through-eight conferenced-based seeding approach, but the divisional brackets are likely here to stay for the foreseeable future.

Updates On The Collective Bargaining Negotiatons

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Before next week’s General Managers Meeting in Palm Beach, FL, The Athletics’ Pierre LeBrun shared a few updates regarding the ongoing Collective Bargaining negotiations and additional notes, in his recurring writeup, NHL Rumblings.

According to LeBrun, next season’s schedule has been tentatively agreed upon. Similarly to this year, next year’s start date will likely be October 7th, and the Stanley Cup Final will likely run to the third week of June. The final schedule may deviate a few days, but we’ll have a clear answer when it’s officially released in July.

Of course, the major scheduling issue is the upcoming XXV Olympic Winter Games in Milan and Cortina d’Ampezzo, Italy. The 2026 Winter Olympics is expected to have a longer break for NHL players than the most recent 4 Nations Faceoff tournament, which took place between February 12 and February 20. Factoring in the 2026 NHL All-Star Game at UBS Arena, the NHL may have an approximate three-week break for the players.

LeBrun mentioned that commissioner Gary Bettman has already told teams there will be more back-to-back contests next year and a more packed schedule. Since the current iteration of the Collective Bargaining Agreement expires before the 2026-27 season, the NHL and the NHLPA will look to amend the schedule then.

That’s the primary problem LeBrun wrote about. He shared that serious discussions are being had about shortening the preseason and expanding the regular season to 84 games. That would move the regular season start date to the last week of September while keeping the Stanley Cup Final around the same time.

Extending the calendar by a week or two would lower the saturation of regular-season games over a seven-month schedule. It also accounts for the expected Olympic Games and World Cup tournaments every two years.

Another change to the schedule being discussed is removing the requirement of playing at least one game in every NHL arena per season. According to LeBrun, this idea doesn’t have much momentum or support, given that some teams financially benefit from Connor McDavid coming to their stadiums or heavily followed teams such as the Montreal Canadiens, New York Rangers, and Toronto Maple Leafs.

Lastly, LeBrun shared that there are ongoing negotiations regarding the potential removal of the NHL All-Star Game. It wouldn’t come soon, if ever, because the league already has one scheduled for next season. From LeBrun’s write-up, it appears the Board of Governors would like it to stay, but questions are being raised.

Post-Deadline Transaction Restrictions

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While the trade deadline has come and gone, there will still be quite a few transactions made between now and the end of the season.  However, many of those have new restrictions placed on them which are as follows.

Waivers

Teams can still waive players after the trade deadline.  However, if they’re claimed, the player is automatically ineligible to play for the remainder of the season.  We will likely still see some waiver activity closer to the end of the year if a player who is on recall and is AHL playoff-eligible needs to clear to return to the minors.

Trades

While the term ‘trade deadline’ would imply a hard cap on trades now, that’s not the case.  However, similar to players claimed on waivers post-deadline, those players are ineligible to play down the stretch.  Over the next week, we will likely see a player or two traded for future considerations to add someone for their AHL team; their trade deadline is exactly one week after the NHL deadline on March 14.  Rights to unsigned players will also likely be moved in the coming weeks.

Signings

A player not on an NHL reserve list that signs can play down the stretch during the regular season but is ineligible to play in the playoffs.  We see this typically with college free agent signings who get into a game or two for the stretch run, but technically a player on an AHL contract can sign an NHL deal and play with that team until the playoffs.

AHL Eligibility

For a player to be assigned to the minors, that player must have been on an AHL roster at the trade deadline.  Otherwise, even if the player is waiver-exempt, he is ineligible to play in the minors.  An exception can be made for a player needing a conditioning loan from a long-term injury.  This rule is why there were so many ‘paper transactions’, moves to put a player in the minors before the deadline to keep them eligible to play there down the stretch.

Recalls

This is the one that comes into play the most after the deadline.  Teams are limited to four non-emergency recalls between now and the end of the season.  Players recalled from paper transactions count against the four, so several teams will have less than four to work with immediately.

An emergency situation is created when a team has fewer than 12 healthy forwards, six healthy defensemen, or two healthy goaltenders available.  In those cases, a player can be recalled under emergency conditions if the team has cap space to do so.  However, when that team gets the injured player(s) back, the recalled player must return to the minors.  Otherwise, his recall is converted from an emergency one to a regular one and would count against the limit of four.

Pretty much every team will still be involved in transactions of some sort over the next few weeks, but they’ll have to be mindful of these restrictions when they make them.

NHL To Fine Dallas Stars For CBA Violation

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According to TSN’s Darren Dreger, the National Hockey League will fine the Dallas Stars organization for violating certain terms in the current Collective Bargaining Agreement between the NHL and the NHLPA. The NHL hasn’t directly confirmed the punishment but the Stars organization is expected to pay a $100K fine.

The punishment was warranted because Dallas held an ’optional’ practice on December 26th. The CBA strictly prohibits practice and travel for their terms on certain days during the holidays of the regular season so no team has a competitive advantage over another.

This isn’t the first time a team has been fined for violating the CBA over a holiday break. Two years ago, the Toronto Maple Leafs were fined $100K for a similar infraction. Toronto left one day early from 2022’s holiday freeze for a game against the St. Louis Blues. Outside of Toronto’s example, the last time a team was fined for a similar event was in 2015 when the Philadelphia Flyers left a day earlier than allowed.

There’s no evidence the Stars deliberately attempted to circumvent the CBA, as they may have reasonably believed making the practice optional would limit the league’s concern. However, Sportsnet’s Elliotte Friedman believes the CBA’s language is fairly black and white saying, “There are rules about what you’re not allowed to do. You’re not allowed to practice, you are not allowed to provide ice to players. The Stars had some kind of skate on Boxing Day, and that has gotten the league’s attention.“

Central Notes: Stars, Avalanche, Wild, Bortuzzo

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The Stars are being investigated by the league for a possible CBA violation over the holiday break, report Michael Russo and Joe Smith of The Athletic (subscription link).  Head coach Peter DeBoer indicated on Friday that there was an optional skate held on Thursday.  However, teams aren’t permitted to hold any sort of on-ice sessions with players between December 24th and 26th with this skate being held on the 26th.  The league sent a memo to all 32 teams on Monday reminding them of the rule prohibiting travel or ice time.  Back in 2022, Toronto was fined $100K for violating the travel portion of the rule so if the league levies a penalty to Dallas following their investigation, it’s likely to be at or above that amount.

More from the Central:

  • Avalanche defenseman Oliver Kylington had been listed as out week-to-week but that has been changed to month-to-month, reports NHL.com’s Ryan Boulding (Bluesky link). He has missed the last four weeks with an upper-body injury but hasn’t been progressing in his recovery.  However, there should be some good news coming on the injury front as Boulding adds that winger Jonathan Drouin could return on Tuesday.  He has missed the last month with an upper-body injury and has been limited to just five games so far this season due to injuries.
  • Wild center Joel Eriksson Ek skated today and the team is hopeful he can return to the lineup in one of Minnesota’s next two games, notes Sarah McLellan of the Minneapolis Star-Tribune (Twitter link). He has missed a little more than three weeks with a lower-body injury and while he was off to a rough start offensively with 13 points in 22 games, he’d be a welcome addition to a Wild group that has struggled in recent weeks.
  • Utah defenseman Robert Bortuzzo skated with the team today and has been cleared for contact, relays Brogan Houston of the Deseret News (Twitter link). The veteran has missed a little over two weeks so far due to a lower-body injury.  Bortuzzo has played in 15 games this season but has been limited to just two assists in a little over 11 minutes a night of ice time.

Allowable Transactions During The Roster Freeze Period

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The NHL’s roster freeze period is now in effect.  While there usually aren’t a flurry of transactions in the days leading up to it, we saw three trades made on Wednesday while numerous teams made roster moves as well.

However, that won’t be the end of things on the roster movement front despite what the term freeze would imply.  Section 16.5 (d) in the CBA goes over what is and isn’t allowed during this period.  Let’s break that down.  The first section is as follows:

(i) For all Players on an NHL Active Roster, Injured Reserve, or Players with Non-Roster and Injured Non-Roster status as of 11:59 p.m. local time on December 19, a roster freeze shall apply through 12:01 a.m. local time December 28, with respect to Waivers, Trades and Loans; provided, however, that Players may be Recalled to NHL Clubs during this period and, provided further, that if a Player is placed on Regular Waivers prior to the roster freeze period and is claimed during such roster freeze period, the roster freeze period shall not apply and the Player shall immediately report to the claiming Club. However, during the roster freeze period a Club can make any Player transactions necessary for the Club to come into compliance with Article 50 as a result of a Player being removed from the Bona-Fide Long-Term Injury/Illness Exception.

From a waiver perspective, we’re unlikely to see any new activity on that front (unless a team needs to make a move to get cap-compliant following an LTIR activation) but Tyler Johnson’s pending termination in Boston will be able to be completed.

You might also notice in the CBA text that there’s nothing prohibiting recalls during this time.  Accordingly, teams can still bring players up and with many teams playing in three games between now and the break that starts on Tuesday, there will undoubtedly be several recalls across the NHL.

Now, let’s look at the other section of this rule which will preview a lot of the transactions that will be coming early next week:

(ii) Notwithstanding Section 16.5(d)(i), a Player on emergency Recall may be Loaned during the roster freeze period and a Player who was Recalled after December 11 may be Loaned through 11:59 p.m. local time on December 23, provided such Player is not required to be placed on Waivers during the roster freeze period in order to effectuate such Loan.

In essence, anyone recalled during the freeze is eligible to be sent down by Monday and in most circumstances, they will.  Meanwhile, anyone recalled (regular or emergency) since December 11th is eligible to be sent down.  There will be quite a few of those in that category as well, even if it’s just in an attempt to save a bit of money on the salary cap.

The one exception to this is if a player becomes waiver-eligible during this time.  This occurs when a player has been on an NHL roster for 30 days or played in 10 games since last clearing waivers.  If that happens to someone during this stretch, they’ll be ineligible to be sent down during the freeze.

With this all in mind, while there technically will be a roster freeze in place for a little over a week, there will still be considerable roster activity for the first half of it so don’t be surprised when the transactions keep coming in over the coming days.

League Notes: Deferred Compensation, Expansion, LTIR, Neck Guards, And More

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NHL Deputy Commissioner Bill Daly sat with reporters yesterday as part of the NHL’s ongoing media tour in Vegas, including Michael Russo of The Athletic, answering various administrative-type questions.

Given its usage in a pair of max-term extensions handed out by the Hurricanes this summer, deferred compensation was a popular topic of discussion. It’s likely to be a topic of discussion during upcoming Collective Bargaining Agreement talks due to a “long-term big-picture fear” of teams being able to use deferred compensation for cap circumvention purposes, Daly said. But in the interim, it’s not a notable concern because of specific interpretations of the CBA the league shared with the Hurricanes and the NHLPA earlier this summer, ones he thinks “will continue to be binding until we renegotiate over it.”

Daly admitted deferred compensation, in general, isn’t something the league is in favor of, saying, “It throws out of whack some of the other checks and balances we have in the CBA, which forces interpretations in terms of how we allow it and what’s permissible and what’s not permissible.” He continued, saying, “The original deferred-comp rules were developed in a non-cap world as opposed to in the cap world, so they kind of were inherited, and so they probably need adjustment on some basis going forward.”

There’s plenty more from Daly and Russo:

  • When asked about expansion, Daly continued the NHL’s recent public position that the expansion process isn’t active. He did, however, hint that expansion south of the border will be a priority when talks do start up again in earnest. “We’re at 22 U.S. markets when the other professional sports leagues are basically at 30, 31 markets,” Daly said. “So that means there’s market availability, which I think helps.” Daly also said the league doesn’t have an “imminent” concern about talent dilution with a growing base of teams.
  • Daly said that most of the league’s general managers want the league to consider making “some kind of adjustment” to teams utilizing long-term injured reserve to carry playoff rosters that come in well above the regular-season salary cap. “Some of the [ways to address it] that have been kind of thrown around in the media wouldn’t necessarily be fair or the best way to approach it, I think, because of the way we do accrual accounting. So you can pick up an expensive contract at the end of its term and your cap only gets charged a certain amount. But all of a sudden if that $1MM, say, you assume becomes $5MM on Game 1 of the playoffs and you can’t play that player as a result, I’m not sure that’s a fair result because teams complied within the rules.“
  • Daly also hopes that neck guards will become mandatory in the NHL “on some basis” soon, following the lead of other North American junior and minor leagues in the wake of former NHLer Adam Johnson’s death from a skate laceration to the neck while playing in England last year. He said the league had already proposed a mandatory rule not approved by the NHLPA. Still, he added the league “clearly understand[s] where the union is coming from and some of the difficulties they have with their constituents.”
  • The league has yet to sign off on the final documents confirming their players’ participation in the 2026 Winter Olympics but expects to do so during the Global Series games between the Devils and the Sabres in Czechia next month. “Certainly, from the NHL’s perspective, I don’t see any real gating issues from finalizing those documents,” Daly said.

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