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Report: Details of the expansion draft revealed.

Multiple reports from the GM meetings today.

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Earlier this week we heard rumors that National hockey League deputy commissioner Bill Daly would be meeting with the NHL's general managers to discuss the details of a potential expansion draft.

According to multiple reports it appears those discussions have now taken place, or at least part of the discussion has taken place and ESPN hockey insider Pierre LeBrun has revealed has revealed some key details.

Teams will lose a maximum of one player per expansion team, and with two teams having bids accepted it's a maximum of two players.

Teams will need to expose enough players in order to ensure the value is at least 25% of the previous years payroll.

First and second year players will be untouchable.

Players with no movement clauses are expected to be untouchable.

Lebrun estimates that teams would have to give up one of either a #4-#5 defenseman, #6-#7 forward, or a goaltender.

Still no official word from the NHL on whether or not fans can expect an expansion draft any time soon, but it sure does seem like they are getting ready for one.