Wednesday, 21 June 2023

{coyotes} NHL salary cap set to rise $1M for 2023-24 season


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The NHL salary cap is expected to be set at $83.5 million for the 2023-24 season, TSN Hockey Insider Chris Johnston reports.

The NHL and NHLPA had previously discussed the possibility of bumping up next year's salary cap by a higher increase. Johnston notes that the salary cap staying on schedule is an indication the two sides won't negotiate a higher increase than the $1 million called for in their Memorandum of Understanding.

The salary cap for the 2022-23 season was $82.5 million with a floor of $61 million, marking was the first time the cap increased in three years due to the pandemic as it remained at $81.5 million from the 2019-20 campaign through 2021-22.

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