MAJOR | Gary Bettman makes an important announcement regarding the 2023-2024 season: Excellent news for Patrik Allvin
The NHL is expecting another bump in the salary cap for next year's 2024-25 season.
Gary Bettman told reporters at the NHL Board of Governors meetings that the cap is expected to jump to $87.7 million next season based on current projections.
That's a jump of $4.2 million following the meagre $1 million bump coming into this season.
The cap remained at $81.5 million from 2019-2020 through 2021-2022 due to the financial implications of the COVID-19 pandemic.
Bettman said the league would likely be looking at close to $6.2 billion USD in revenue leading to the bump.
If the projections hold steady or increase, it will be one of the largest cap jumps the league has experienced since implementing a hard cap.
For the Canucks, the extra cap space will be warmly welcomed to mitigate the increasing cap hit from Oliver Ekman-Larsson's buyout.
https://www.tsn.ca/nhl/nhl-salary-cap-projected-to-jump-to-87-7m-for-2024-25-1.2044888
| POLL | ||
Is Bettman increasing the salary cap enough? | ||
| Should've went higher | 310 | 56.3 % |
| All good | 134 | 24.3 % |
| Should've kept it this way | 40 | 7.3 % |
| Who needs a salary cap? | 67 | 12.2 % |
| List of polls | ||
