A new Collective Bargaining Agreement has been accepted between the NHL and the NHLPA.  This means there will be hockey in the fall! Here are the details you should know, as well as rule changes made and shootout information. 
All info can be found on NHL.com

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CBA
( Frequently Asked Questions answered HERE )

COMPLIANCE BUYOUTS -- Clubs may buy out player contracts at no charge toward the Club's Upper Limit from July 23, 2005 to July 29, 2005 at 5 p.m., ET. A player who is bought out may not rejoin his old club during the 2005-06 season.

CONTRACTS FOR 2004-05 -- Contracts for the 2004-05 season have been eliminated.

ENHANCED REVENUE SHARING -- Enhanced revenue sharing will see clubs eligible for subsidies if they rank in the bottom half of League revenues and operate in markets of 2.5 million TV households or fewer.

ENTRY DRAFT -- The Entry Draft has been reduced to seven rounds from nine, beginning with 2005.

ENTRY-LEVEL SALARY -- The entry-level salary limit is $850,000 for 2005 and 2006 draftees and reaches a high of $925,000 for 2011 draftees. Entry-level performance bonus categories and thresholds have been revised.

MINIMUM SALARY -- The minimum salary has been increased from $185,000 under the previous agreement to $450,000 in 2005-06. It will rise to $500,000 in the final two years of the agreement.

OLYMPICS -- NHL players will participate in the Olympic Winter Games in 2006 (Turin, Italy) and 2010 (Vancouver); no All-Star Game will be played in Olympic years.

RENEGOTIATION -- Player contracts will not be re-negotiated, upward or downward, during their term.

SIGNING DEADLINE -- Restricted free agents who do not sign contracts by December 1 of a given year will be ineligible to play in the League for the balance of that season.

TRADE DEADLINE -- The trade deadline will be moved from the 26th day to the 40th day prior to the conclusion of the regular season. Presuming an April 18 conclusion to the 2005-06 regular season, the trading deadline would occur March 10.

TWO-WAY ARBITRATION -- Eligibility rules for Player Salary Arbitration have been modified and Clubs will now have the ability to elect Salary Arbitration for eligible Players.

UNRESTRICTED FREE AGENCY -- The age of unrestricted free agency remains 31 (with four accrued seasons of 40 or more games on an NHL Club's roster) for 2005-06. It will drop to 29 (with four accrued seasons) or eight accrued seasons -- regardless of age -- in 2006-07. The following season, the age drops to 28 (with four accrued seasons) or seven accrued seasons, and falls to 27 (with four accrued seasons) or seven accrued seasons in 2008-09.

WAIVER DRAFT -- The Waiver Draft has been eliminated.

NEW RULE CHANGES
All info can be found HERE

SHOOTOUT
All info can be found HERE

NEW SCHEDULE CHANGES
All info can be found HERE