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Yesterday NHL commissioner, Gary Bettman outlined the 24-team format, details on the Draft Lottery, and the official conclusion of the 2019-20 regular season.
Training camps will begin “not earlier than the first half of July. The top 12 teams in each conference will compete in either a seeding round-robin or a qualifying (“play-in”) round to determine the 16 teams that will ultimately compete for the Stanley Cup.

The top four teams in each conference will play for first-round seeding using regular season overtime rules.  The remaining eight teams in each conference will play a best-of-five series to advance to the first round of the playoffs, using overtime rules, The Conference Finals and Stanley Cup Final will both be the usual best-of-seven series.