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Cap still included in league's offer

Updated: February 2, 2005, 10:53 PM ET
Associated Press

A look at key points in the NHL's proposal Wednesday to the NHL Players' Association:

Agreement length The deal would cover the 2004-05 season and the following six seasons through 2010-11. The players' association would have the sole right to reopen the agreement after four years.

Salary cap The new system would ensure that total league-wide player compensation in any year will not be under 53 percent of the league's revenues or exceed 55 percent. If teams spend less than 53 percent ...

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