The lockout has finally come to an end after 113 days of waiting. The standoff between the players and the league has resulted in 625 games being cancelled this season. The two sides have agreed on a 10-year deal with a mutual opt-out clause after 8 years.
The cap for the season is $60 million for the first year , but there is a cap of $70.2 million during the transition period, and the cap floor is $44 million. Next year’s cap is rumored to be $64.3 million with the cap floor staying at $44 million.
The season will be 50 or 48 games. A 50-game season would start on January 15th and 48-game season would start on January 19th.