Report: NHLPA votes for escalator

Updated: June 28, 2012, 9:31 AM ET
ESPN.com news services

The NHL Players' Association has voted to trigger the 5 percent escalator, meaning a higher salary cap for next season and the potential for bigger escrow payments, The Hockey News reported Wednesday night.

The vote means the salary cap for the 2012-13 season would be between $70.2 million and $70.3 million, according to The Hockey News.

That, however, could change with the league and NHLPA set to begin negotiations on a new collective bargaining agreement Friday in New York.

The current CBA expires Sept. 15.

NHLPA executive director Don Fehr said Wednesday that if there is no agreement between the sides by the Sept. 15 expiration date, work could go on under the old deal if management and players agree.

The regular season is scheduled to start on Oct. 11.

Information from The Associated Press was used in this report.

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