The 2025-26 NHL season is the last one under the current Collective Bargaining Agreement, which has been in place since the 2012 lockout and was extended/modified in 2020. The relationship between the league and the NHLPA has been on solid footing since the latter appointed former U.S. Secretary of Labor Marty Walsh as its executive director, and reporting throughout the past few months indicated negotiations on a new CBA were expected to go smoothly, avoiding the fourth work stoppage of commissioner Gary Bettman’s tenure.
CBA talks started at the beginning of April and are “well underway,” NHL deputy commissioner told Pierre LeBrun of The Athletic in a recent phone interview (article link). Daly added waiting until the expiry of the current agreement in September 2026 to announce a new CBA is “well beyond the window that I’m thinking… I would like to think that we’ll have a successful conclusion at some point in the not-too-distant future.”
Unsurprisingly, Daly wasn’t eager to divulge too many details about what the agreement will actually look like. However, he did highlight some areas in which to expect significant changes from current operations when pressed by LeBrun.
The storyline dominating this round of CBA talks was always going to be the future of rules regarding long-term injured reserve usage, particularly teams being able to add notable injured players to the postseason roster after they spent the entire regular season giving their club cap relief while on LTIR. Daly confirmed that it’s been a central point of discussions with the NHLPA and that “we’ve made progress toward getting to a good resolution on that issue.” What that resolution looks like – either a playoff salary cap or postseason roster eligibility restrictions based on regular-season LTIR stints – is unclear.
On the topic of expansion, Daly clarified the league’s position that they’re not close to adding a club and don’t plan on opening a formal expansion process. While the league isn’t soliciting bids, the current approach is “much more of a one-on-one conversation and relationship we have with various potential owners,” Daly said. He also called the watering down of talent by adding too many clubs “not even a minor concern” in the league’s eyes, given the game’s skyrocketing registration numbers in the United States and in Europe.
And while the league hasn’t officially put pen to paper on the agreement to send its players to the 2026 Winter Olympics in Milan, that’s purely been due to timeline and procedural issues. Daly reiterated “definitively” that NHL players will participate in the event for the first time in 12 years, and the plan to run World Cups of Hockey every two years between Winter Olympics remains in place.
