Yahoo! SportsNHL approves 4-conference realignment, new playoff format
The NHL's Board of Governors approved a new four-conference format for the League beginning in 2012-13, with two conferences of seven teams and two conferences of eight teams.
Every team in the NHL will play home-and-home; the Stanley Cup Playoffs will begin inside each conference, with the top four teams squaring off in divisional playoffs.
The four conference champions will advance to face each other for the right to play for the Stanley Cup. Commission Gary Bettman said that the final playoff format will be decided by the general managers in the spring.
You can blame the Jets for this!