The NHL reveals the expected increase of the salary cap for next season
PUBLICATION
T. Tadi
December 10, 2021 (2:40 PM)
This morning, Gary Bettman addressed the NHL Board of Governors. One of the most important announcements was that the NHL expects players to be paid back by 2024/25.
The NHL expected revenues to reach $5 billion this season, allowing for a "substantial" cap rise in 2024/25.
The NHL says the Players' $1 billion debt to owners is expected to be paid off in three seasons, including this one, at which point the salary cap can be re-linked the HRR and rise dramatically.
In other words, it's possible for a significant cap increase in 2024-25 season.''
The cap would be $84,500,000 with the existing $1,000,000 annual increment for next season.
|
34 minutes ago | By Daniel Lucente Arber Xhekaj on the Trade Block? NHL Analyst Is Certain His Canadiens Days Are Numbered |
|
2 hours ago | By Tom Banks Gary Bettman Faces Backlash for Poor Scheduling Before Tonight's 16-Game Frenzy |
|
3 hours ago | By Daniel Lucente NHL Insiders Clash Over Controversial Opinions on Oliver Ekman-Larsson's Reverse-Hit |
|
4 hours ago | By Tom Banks NHL General Managers Attend Maple Leafs Game Vs. the Lightning: Trade Rumors Heat Up |
|
5 hours ago | By Tom Banks Toronto Maple Leafs Oliver Ekman-Larsson gets fined by the NHL |
|
6 hours ago | By Julien Trekker Montreal Canadiens Announce Bad News Regarding Juraj Slafkovsky |
|
11 hours ago | By Chris Gerics Elliotte Friedman Signals Potential Trade Between Utah Hockey Club and Toronto Maple Leafs |
|
19 hours ago | By Chris Gerics Andrei Vasilevskiy Pulled as Toronto Maple Leafs Dominate: Full Game Recap and Analysis |
Previously on HockeyPatrol