NHL ready to raise salary cap

19.12.2014 |

NHL management is ready to increase the salary cap for the clubs next season. The salary cap for the 30 teams during the 2015-16 season is about US $73 mn, according to the initial projection, said NHL Commissioner Gary Bettman as reported Sovetskiy Sport.

I went over a series of projections, preliminary, preliminary projections. Estimates that are not carved in stone, but our best guess based on the information available making lots of lots of assumptions on things like revenue growth in the year and perhaps, as significantly, what may happen with the Canadian dollar. Our best guess, and its got some variation in it, that if the Canadian dollar stays where it is now for the rest of the season, which is about 88 cents, the cap for next season would be approximately $73 million, Bettman said.

Earlier North American mass media spread information that the final figure could amount to US $73-74 mn. The NHLs salary cap for the 2014-15 season is US $69 mn, and the floor is US $51mn.

As a reminder, the salary cap was introduced in NHL in 2005 and initially amounted to US $39 mn per year per team.

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