An 84-game season is coming to the NHL as part of an extension of the collective bargaining agreement that has been tentatively agreed to by the league and the NHL Players’ Association.

They announced a memorandum of understanding Friday in Los Angeles before the first round of the draft. It still needs to be ratified by the Board of Governors and the full NHLPA membership.

Two games are being added to the regular season, the maximum length of contracts players can sign is being shortened and a salary cap will be implemented in the playoffs for the first time, according to reports.

The NHL and NHLPA began negotiations in earnest this spring after agreeing at the 4 Nations Face-Off in February to jointly hold a World Cup of Hockey in 2028. With revenue breaking records annually and the cap increasing exponentially in the coming years, Commissioner Gary Bettman and union executive director Marty Walsh voiced optimism about reaching an agreement quickly. There were no disagreements on a host of major issues like in previous bargaining talks.

“There’s been tremendous growth, and what’s ahead is spectacular on many fronts,” said Toronto’s John Tavares, who’s going into his 17th season. “The predictability of things goes a long way, I think, for everyone in the sport. It’s great to have that partnership and how collaborative it’s been, which has been very different from 2012. It’s great to see and happy that the growth of the game and the sport and the business side of it is all kind of in sync and in synergy and we’re able to kind of continue to build off the many great things over the last few years.”

The extension through 2030 provides the sport extended labor peace since the last lockout in 2012-13, which shortened that season to 48 games. Here is what is changing:

Longer season: Going from 82 to 84 games beginning in 2026-27 — making the season 1,344 total games — is also expected to include a reduction in exhibition play, to four games apiece for the 32 teams.

The additions would be played within divisions, evening out the schedule to ensure four showdowns each season between rivals like Toronto and Boston, Dallas and Colorado and Washington and Pittsburgh. Currently, there is a rotation that has some division opponents facing off only three times a season.

That imbalance is coming to an end, and this is not the first time the NHL has had an 84-game season. The league experimented with that in 1992-93 and ‘93-94, when each team added a pair of neutral site games.

Shorter contracts: Since 2013, players have been able to re-sign with their own team for up to eight years and sign with another for up to seven years. Under the new CBA, each would be reduced by a year, to seven for re-signing and six for changing teams.

Top players, given the injury risks in the sport, have preferred the longest contracts possible. The same goes for general managers, eager to keep talent in the fold as long as possible. Nathan MacKinnon, Sebastian Aho, Leon Draisaitl, Juuse Saros, Travis Konecny, Mathew Barzal and, as recently as March, Mikko Rantanen are all among the top players who have signed lucrative eight-year deals.

“I guess that could be a rarity now,” said Trent Frederic. “Eight years is better than seven. It’s good to lock in before that changes.”

But with the salary cap getting its biggest increases season by season over the next three years, the thinking had already begun to change. Auston Matthews re-signed for only four years with Toronto last summer, and Connor McDavid could also opt for a short-term contract extension with Edmonton.

Playoff salary cap: Currently, teams with players on long-term injured reserve can exceed the salary cap by roughly the amount of the players’ salaries until the playoffs begin.

Several times over the past decade, Stanley Cup contenders have used LTIR to activate players at the start of or early in the playoffs after they missed some or all of the regular season.

Florida did so with Matthew Tkachuk before winning the second of back-to-back titles, Vegas has done it with Mark Stone on multiple occasions, Tampa Bay with Nikita Kucherov and Chicago with Patrick Kane.

The rule has been criticized as an unfair loophole, a way to stockpile talent and then add even more for the postseason. After he and Carolina were eliminated by the Lightning in 2021, Dougie Hamilton quipped that the Hurricanes “lost to a team that’s $18 million over the cap.” Tampa Bay went back to back, and players wore T-shirts with that saying on it during their Cup celebration.

That will no longer be possible, though it’s not exactly clear how it will work.

Making moves

Sam Bennett walked to the front of the stage at the Florida Panthers’ latest Stanley Cup championship parade, and before he could even speak the crowd began serenading him with their request.

“Eight more years! Eight more years!” they chanted, over and over.

They got their wish.

Bennett — who was the Conn Smythe Trophy winner as MVP of the playoffs, agreed Friday to a new eight-year contract worth $64 million, or $8 million per season.

John Tavares is staying with the Toronto Maple Leafs for four more years at a significantly discounted price. Tavares re-signed for $17.55 million, and he’ll count $4.39 million against the salary cap through the 2028-29 season on a very team-friendly contract. He was making $11 million annually on his previous deal and was a point-a-game player last season at age 34.

Colorado traded a pair of forwards on Friday, sending Charlie Coyle and Miles Wood to Columbus for the 77th pick in this year’s draft, a conditional second-rounder in 2027 and prospect Gavin Brindley.

Trent Frederic, a trade-deadline acquisition, re-signed with the Edmonton Oilers for the longest possible term on an eight-year contract worth $30.8 million.

Buffalo re-signed pending RFA forward Jack Quinn to a two-year contract worth $6.75 million.

Detroit re-upped defenseman William Lagesson for two years at the league minimum of $775,000 for each of the next two seasons at the NHL level.