NHL says salary cap will be $82.5 million next season, a $1 million increase

NHL commissioner Gary Bettman explains why projections indicate that the league's salary cap will increase about $1 million for next year, and will continue to be basically a flat cap until 2024-25 season, and then there will likely be a larger jump.

The NHL salary cap will increase by $1 million to $82.5 million for next season, general managers were told during their annual meeting in Palm Beach County, Fla., on Tuesday.

The league considers $1 million to be a “flat” increase necessitated by the NHLPA still working to repay escrow.

NHL commissioner Gary Bettman said he anticipates the cap to increase by more than $1 million after the escrow is repaid, which he said is projecting to be after the 2024-25 season.

Bettman added that the league revenues were still expected, even given the pandemic challenges and restricted attendance by Canadian teams this season, to be over the $5 billion projected in December.

The cap ceiling rose every season from 2013-14 until the pandemic-shortened 2019-20 campaign.

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