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Salary Cap increased to 75 million for 2017-18


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http://www.tsn.ca/nhl-salary-cap-75m-for-2017-18-season-1.781074

 

NHL salary cap $75M for 2017-18 season

 
 
John Tavares

John Tavares , Mike Stobe/National Hockey League/Getty Images

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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Ice Breakers: GMs to discuss potentially closing ‘LTIR’ playoff ‘loophole’

USATSI_17934185-1.jpg

 

https://www.dailyfaceoff.com/ice-breakers-gms-to-discuss-potentially-closing-ltir-playoff-loophole/

 

Thoughts and opinions are welcome. Can't wait to hear how others feel about this.

 

:beer:

 

Edited by OccamsRazor
#boubonup
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