• SHARE:
  • email
  • Bookmark and Share

NHL salary cap on the rise again, set at US$59.4 million for 2010-11 season

The Canadian Press

2010-06-23 18:35:00

LAS VEGAS, Nev. - NHL teams are going to have more money to spend on players next season.

The league's salary cap has been bumped to US$59.4-million, the fifth straight time the number has increased since being introduced coming out of the 2004-05 lockout.

The minimum a team can spend—known as the salary floor—will be $43.4 million.

This year's salary cap was set at $56.8 million.

The cap number is based on league revenues.

More Stories

Predators forward Patric Hornqvist signs 5-year, $21.5 million contract with Nashville

NASHVILLE, Tenn. - After missing the playoffs for the first time since 2009, the Nashville...

Columbus Blue Jackets sign forward Matt Calvert to 2-year extension worth $1 million a season

COLUMBUS, Ohio - Left wing Matt Calvert, a valuable forechecker with the Columbus Blue Jackets,...

Oilers sign defenceman Ladislav Smid to four-year extension worth $14 million

EDMONTON - The Edmonton Oilers have signed defenceman Ladislav Smid to a four-year, US$14...

MLSE donates $1 million to Right To Play's aboriginal youth program

TORONTO - It was a good day for Maple Leaf Sports&Entertainment COO Tom Anselmi. And an even...
blog comments powered by Disqus

Featured THN.com Video

View all

THN Puck Poll

View all

Was Raffi Torres' hit on Jarret Stoll worthy of a suspension?



SAY WHAT?!?

View all

"That hockey game will haunt me until the day I die…"

- Toronto's Joffrey Lupul reacting on Twitter to his team's meltdown loss in Game 7 to the Boston Bruins.

Contests

Our Partners