NHL salary cap rises for 2016-17 season

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The NHL’s salary cap will rise to US$73 million for the 2016-17 season, the league and NHLPA announced Tuesday via official release.

The upper limit for the 2015-16 season was US$71.4 million.

The $1.6-million uptick is due to the NHLPA’s vote to use its 5 per cent escalator clause.

The cap floor for next season will be US$54 million, setting the adjusted midpoint at US$63.5 million.

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