What this means is both players and the Washington Capitals can each propose a salary for the ensuing season and if there’s no agreement a hearing will be conducted. A neutral third party can then set the player’s salary.
Cases take place in late July or early August but both the team and player can negotiate leading up to the court date. The hope for both parties is that there’s an agreement to a new contract and no hearing necessary.
The arbitrator has 48 hours to make the salary decision and the team has the right to either accept or decline (via Jamie Fitzpatrick/liveaboutdotcom).