As the NHL/NHLPA continue to grind their way through a return-to-play/CBA agreement, terms continue to seep out. Here’s some of what we’re hearing:

The updated rules will carry through 2025-26, although there is a provision for a one-year extension if more than $125 million in escrow is owed to the league. The salary cap for 2020-21 is $81.5 million. The NHL/NHLPA are talking about keeping it there until revenues hit $4.8 billion. At that point, they will use the two years prior to calculate the cap number — meaning the 2022-23 ceiling will be based on 2020-21 revenues. That will give more certainty and planning.

Cap on escrow is 20 per cent next season. Somewhere between 14-18 per cent in 2021-22, depending on 2020-21 revenue. Then we go 10 per cent in 2022-23, with a maximum of six per cent over the remaining term (if there is an extra year, the escrow cap will be at nine per cent).