Colorado Avalanche: News from around the NHL July 7th, 2014

There is a petition to get the old avalanche siren warning back during Avalanche games.  Want to lend your name to the cause?

Gretzky involved in another hockey team?

Wayne Gretzky is reportedly in the hunt to bring an NHL team to Seattle.

The New York Post is reporting that Gretzky’s group of investors is one of three working on a deal to bring either a new or existing franchise to Seattle.

P.K. Subban filed for arbitration.

There were 20 NHL players to file for salary arbitration by the July 5 deadline.

Hearings will be held in Toronto from July 20 to Aug. 4, although in recent years very few cases have reached that stage. There is nothing preventing a team and a player on the list from still negotiating a deal, and thus avoiding what can be a contentious process.

Should a player and club get to arbitration, the team can decide on an award of one or two years. Roughly speaking, the player's representative and the team will make a proposal based on performance, on comparable players who've yet to reach eligibility for unrestricted free agency, and other factors. The neutral arbitrator has discretion to come up with a dollar figure that differs from the two proposals.