Good Hockey News!

First: Neely among Hall of Fame inducteesYessssss!

Neely, a power forward, played for Vancouver and Boston between 1984 and 1996, scoring 395 goals, assisting on 299 and serving 1,241 penalty minutes in 726 regular-season games. His 55 playoff goals are a Boston club record. The six-foot-one right-winger was a five-time all-star and made such an impression in Boston that his No. 8 sweater was retired last year.

But what about hockey's future? Well, there is finally some positive movement there, too: Report: NHL, NHLPA agree on cap formula

According to the Globe's league and player sources, a salary floor and cap will be based on a percentage of each NHL team's revenue. The paper adds that in the first year - based on revenue projections by both sides - the salary cap will range from $34 million to $36 million US, with the floor from $22 million to $24 million US.

Interestingly, though, the outside bid to buy the entire NHL is still alive, too: Bain, Game Plan try to entice owners with buyout plan

The equity provision says team owners can apply a portion of their team's agreed upon value to a pro rata share of the equity of the new entity under Bain and Game Plan, according to people familiar with the deal.

Personally, I'm still in favor of this kind of buyout. Single entity ownership would increase the chances of success for small market teams like the Calgary Flames. It would also lessen the frustration for fans of teams currently saddled with insane ownership (Blackhawks).

Of course, both the salary cap and the buyout idea probably hurt my Avalanche in the short term, since they had kind of become the Rangers of the West, but I'd be willing to take that hit as a fan.