What you need to know about the travel ban
NHL Commissioner Gary Bettman announced Friday that he will not seek re-election in 2020, a move that would allow the league to keep the salary cap intact through 2021.
He announced the decision in a conference call with reporters.
“I’ve got to do what’s right for the hockey community, for my family, my players, my staff and myself,” Bettman said.
“We need to do that in a way that preserves the integrity of our game and protects our players.”
The NHL’s next owners meeting is scheduled for July 29 in New York.
Bettman, who was elected commissioner in 2011 and 2012, also confirmed that the league’s television ratings will drop by 25 percent for the next five years.
The commissioner said that his first-year salary was $6 million, and that he’s working on raising it to $8 million.
“That’s the right amount,” he said.
He added that the NHL is looking to increase its membership by 10 percent.
“It’s not about how many people you have,” he explained.
“This is about how much money we can have on the table.”
Bettman also confirmed to ESPN that the franchise will not return to New Jersey.
“My vision is to get to a place where we are the best in the world,” he told the network.
“So, to be able to do this in my lifetime, I have to do it in my children’s lifetimes.”
Bettmen announced his retirement on Thursday.
He was 83 and had led the NHL for 37 years.
He said in a statement that he had been battling “personal health issues for the past two years,” and that his decision to retire was a “civic obligation.”
“This decision is not made lightly,” he wrote.
“The NHL is a great organization, but our players and fans deserve better.
I’m humbled and honored to have served as Commissioner for this long and have enjoyed the incredible privilege of leading the league for a decade.”