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League's proposal includes $42M salary cap

Updated: February 2, 2005, 11:36 AM ET
ESPN.com news services

The NHL and the players' association will hold their next round of labor talks Wednesday afternoon in yet another undisclosed location, believed to be in the New York area.

The league is expected to present a proposal, much of which already has been discussed with NHLPA leaders during informal meetings the last two weeks. The offer will include a salary cap with a minimum of $32 million and a ceiling of $42 million, but likely will not include an individual player cap of $6 million, according ...

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