The NHL is replacing its traditional All-Star Game with another international tournament format in 2027, while commissioner Gary Bettman says there are no immediate plans for him to step down.

Speaking Tuesday ahead of the Stanley Cup Final, Bettman and NHLPA executive director Marty Walsh unveiled plans for the 2027 NHL All-Star Weekend at UBS Arena on Long Island.

The tournament will begin Feb. 5 with a skills competition featuring 10 players aged 25 and under, with the winner receiving a $1 million USD prize.

The following day, five teams representing Canada, the United States, Sweden, Finland, and a Rest of the World squad will compete in a 3-on-3 international tournament. Each roster will feature 11 players, with the winning team’s players splitting a $2 million prize pool. Fan voting is scheduled to begin in December.

Deputy commissioner Bill Daly said Russian players will be eligible to compete as part of the Rest of the World team. However, league officials said it is too early to determine Russia’s role in future international events, including the next World Championship of Hockey.

Daly added he does not expect European nations to boycott future tournaments if Russian players participate, though he stressed those discussions remain preliminary.

Bettman also addressed reports about his future as commissioner. While confirming the NHL has developed a succession plan, the commissioner said a leadership change is not on the immediate horizon.

“Nothing is imminent,” he said, adding that “reports on my demise have been greatly exaggerated.”

The 74-year-old has served as commissioner since 1993.

Elsewhere, Bettman projected hockey-related revenue for 2025-26 between $7.5 billion and $8 billion. He also defended the Vegas Golden Knights’ decision to deny head coach Bruce Cassidy permission to interview elsewhere, saying the organization was acting within its contractual rights.