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The 2011–12 NHL season was the final year of the then-current collective bargaining agreement, as the NHL Players' Association would no longer have the option to extend the current CBA. The players' association could not move the expiration date to June 30 in order to avoid a repeat of the lockout that cancelled the 2004–05 season.
The "Payroll Room" is how much money in a National Hockey League (NHL) team's salary cap is left to acquire players, whether such players are signed as free agents or join the team via a trade or waivers. The term originated in 2005 with the NHL Collective Bargaining Agreement (CBA), which was negotiated following a season-long lockout.
The previous collective bargaining agreement had expired on September 15, 2004. The negotiations for the 2005–12 NHL Collective Bargaining Agreement revolved primarily around players' salaries. The league contended that its clubs spent about 75% of revenues on salaries, a percentage far higher than existed in other North American sports.
The second NHL compliance buyout period opened on June 16, 2014, and ran through June 30, 2014, with 26 teams having one or more compliance buyout available to be used. [ 3 ] There was also a period for unlimited compliance buyouts following the 2004–05 NHL lockout from July 23–29, 2005. [ 4 ]
The resulting collective bargaining agreement (CBA) was set for renegotiation in 1998, and extended to September 15, 2004. [ 61 ] With no new agreement in hand when the contract expired, league commissioner Gary Bettman announced a lockout of the players union and closed the league's head office for the 2004–05 season . [ 61 ]
CBA (food retail), a Hungarian food-retail network Companhia Brasileira de Aluminio , the largest aluminium producer in Brazil CBA (AM) , former CBC Radio One AM station in Moncton, New Brunswick, now known as CBAM-FM
The 2004–05 NHL lockout was a labor lockout that resulted in the cancellation of the National Hockey League (NHL) season, which would have been its 88th season of play. [ 1 ] The main dispute was the league's desire to implement a salary cap to limit expenditure on player salaries, which was opposed by the NHL Players Association (NHLPA), the ...
The National Hockey League officially locked its players out when the CBA expired, [11] and on September 19, cancelled all preseason games for the month of September. [12] Several players then signed contracts to play in European leagues for the duration of the dispute.