The NHL’s salary cap ceiling has been raised by $2 MM to $75 MM, according to NBC and various sources. The NHLPA voted on this decision back on June 16th according to TSN’s Pierre Lebrun, and the results of that vote resulted in next season’s total. The floor (or minimum) will be set at $55.4 MM.
The increase is slightly less than what many fans had hoped for, though the figure had been floated around for quite some time. This is only a 2.6% increase in the ceiling, which is less than the option the NHLPA could have opted for – an automatic 5% yearly increase. The stagnation in the cap overall is concerning to many teams who are very near the cap and/or have players due raises in the near future.
Many teams have been operating under the assumption that the ceiling would be around this number, so it shouldn’t affect any single organization too greatly. The team that will be most impacted is the Chicago Blackhawks, who are already over that ceiling. Teams such as the Washington Capitals and Tampa Bay Lightning highlight a group that will struggle to get a compliant roster in the near future with such little room to maneuver.