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

Jan 5, 2013, 3:41 PM EDT

Gary Bettman 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.

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