Yokels

* Salary cap of $42 million (includes $39.8 million in salary and $2.2 million in benefits).

* Salary floor of $34 million.

* Franchise player, with neither salary nor benefits to be included in $42 million cap figure, but club to pay 50 percent tax.

* Unrestricted free agency lowered to age 27 from 31.

* Entry-level salaries to be capped at $1.2 million (including performance bonuses) per season.

* Qualifying offers for restricted free agents lowered to 75 percent (from current position of 110 or 100 percent, based on player's existing salary).

* Five-year limit on all individual contracts (currently no term restrictions).

* Team revenue sharing, of varying percentages, during regular season and playoffs.