$1 million. These changes came shortly after Ilya Kovalchuk's contract extension with the New Jersey Devils was voided, due to "cap circumvention". Other long-term contracts, such as Marc Savard, Roberto Luongo and Marian Hossa, were grandfathered and their respective cap hits calculated under the old accounting system. However, any long-term contracts signed on September 5, 2010 would be subject to the new system. 2012–2013 lockout The 2005–12 CBA expired on September 15, 2012. 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. Just after 5 AM on January 6, 2013, after approximately 16 continuous hours of negotiating, a tentative deal was reached on a new collective bargaining agreement to end the lockout. It was ratified by the league's Board of Governors on January 9, as well as by the NHLPA membership three days later on January 12. The deal was also officially signed that day. Present status The NHL paused play in its 2019–20 season on March 12 due to the COVID-19 pandemic. The 2013 CBA would have expired on September 15, 2022. On July 10, 2020, the NHL and NHLPA announced the extension of the CBA through the 2025–26 NHL season. Various elements of the "Return to Play" plan were announced the same day. See also NHL salary cap List of player salaries in the NHL List of team payrolls in the NHL References External links NHL CBA main page Summary of Terms 2013 CBA Text of the 2005 CBA (PDF format) Text of the 2012 CBA (PDF format) Text of the 2020 NHL/NHLPA Memorandum of Understanding (PDF format) NHLPA site NHL main page Collective agreements Collective Bargaining Agreement