• SHARE:
  • email
  • Bookmark and Share

NHL salary cap set at $56.8 million, floor at $40.8 million

MONTREAL – The NHL and the Players’ Association will announce the officially announce the figures later Friday, but TheHockeyNews.com has confirmed the salary cap in the NHL for next season will be $56.8 million per team.

That means the floor will be $40.8 million.

The league and NHLPA have finalized the amount in advance of free agent season next week. THN.com has also learned the players triggered the five percent growth factor into the amount as allowed by the collective bargaining agreement.

There were fears that with the sagging economy the ceiling would drop because of declining revenues.

More Stories

Rangers and Zuccarello agree on 1-year deal, avoid salary arbitration

NEW YORK, N.Y. - The New York Rangers are avoiding salary arbitration with forward Mats...

Sabres sign centre Tyler Ennis; 2 people familiar with deal tell AP it's 5 years, $23 million

BUFFALO, N.Y. - The Sabres re-signed centre Tyler Ennis on Thursday to a five-year contract...

Columbus Blue Jackets sign centre Brandon Dubinsky to 6-year, $35-million contract extension

COLUMBUS, Ohio - Brandon Dubinsky, the player seen as the face of the rising Columbus Blue...

Goaltender Cory Schneider gets 7-year, $42 million deal with Devils

NEWARK, N.J. - The New Jersey Devils have signed goaltender Cory Schneider to a seven year, $42...
blog comments powered by Disqus

THN on Twitter

Did the Colorado Avalanche overpay Ryan O'Reilly (two years, $6 million per)?




Contests

Our Partners