The setup consists of two eight-team conferences and two seven-team conferences. The top four teams from each conference will make the playoffs, and the first two rounds of the playoffs will consist of play that is exclusive to conference play.
During the regular season, each team will play a home-and-home series against teams outside of their conference, and the rest of the games will make up a balanced schedule of play in a team's respective conference.
But perhaps the most important question from fans is "How does this impact us?" With that in mind, let's take at how the realignment affects each individual NHL team.