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NHL salary cap set at $75 million for 2017-18 season

Published June 18, 2017 4:27 pm
This is an archived article that was published on sltrib.com in 2017, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

New York • The NHL salary cap has been set at $75 million for this season in a slight increase over last year.

The league and NHL Players' Association announced the cap and the salary floor of $55.4 million in a joint statement Sunday. The figures are set by the league's hockey-related revenue.

It's an increase of $2 million from the $73 million cap last season, as players elected to use their escalator clause to raise it.



Even a slight increase can help several teams that are up against the cap, like the Chicago Blackhawks and Presidents' Trophy winning Washington Capitals. For budget teams, the floor increased just $1.4 million from $54 million.

The expansion Vegas Golden Knights must spend at least to the salary floor in their first season.

 

 

 

 

 

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