NHL Opts Not to Reopen CBA
The National Hockey League announced today that it will not be exercising its option to reopen the Collective Bargaining Agreement for the 2020-21 season. The League advised the NHL Players’ Association earlier today of its decision. NHL Commissioner Gary Bettman issued the following statement on the League’s decision:
“Based on the current state of the game and the business of the game, the NHL believes it is essential to continue building upon the momentum we have created with our Players and, therefore, will not exercise its option to reopen the CBA. Rather, we are prepared to have the current CBA remain in effect for its full term – three more seasons through the conclusion of the 2021-22 season.
“It is our hope that a continued, sustained period of labor peace will enable us to further grow the game and benefit all constituent groups: NHL Players, Clubs, our business partners and, most important, our fans.
“In any CBA, the parties can always identify issues they are unhappy with and would like to see changed. This is certainly true from the League’s standpoint. However, our analysis makes clear that the benefits of continuing to operate under the terms of the current CBA – while working with the Players’ Association to address our respective concerns – far outweigh the disruptive consequences of terminating it following the upcoming season.”