Salary Cap | RMNB

Gary Bettman predicts NHL salary cap to rise just $1 million this offseason, predicts larger increase in future

NHL commissioner Gary Bettman and deputy commissioner Bill Daly held their annual pre-Stanley Cup press conference on Saturday. One of the major topics the two men were asked to discuss is the state of the league’s salary cap.

Bettman shot down any sort of idea that the cap would be increasing for the 2023-24 season more than the $1 million that was projected at the general manager meetings last March. That comes despite reports that the NHLPA may be able to negotiate for more room if they agreed to an expanded 84-game schedule.

(more…)

By Chris Cerullo 4 months ago

2 Comments

NHLPA reportedly willing to talk about an expanded 84-game schedule if league agrees to higher than expected salary cap next season

The NHL Players Association is set for talks with the league this week about a variety of topics but a major one will be the possibility of increasing the salary cap more than the projected $1 million discussed at general manager meetings last March.

According to the New York Post’s Larry Brooks, one proposal the NHLPA may be willing to agree to if the cap does elevate further is an extended 84-game regular season schedule as soon as next year. Since the 1995–96 season, each team in the NHL has played 82 regular season games, 41 each at home and on the road.

(more…)

By Chris Cerullo 4 months ago

0 Comment

Capitals lose money toward 2023-24 salary cap

The NHL’s salary cap number is not expected to rise more than one million for the 2023-24 season, pushing the maximum amount a team can spend to $83.5 million.

If that ends up being the number, the Washington Capitals will only get to use $980,000 of that new money due to an obscure CBA penalty called an overage. Overages are salary cap charges that carry over to the next season due to performance bonuses.

Fifteen NHL teams, including six teams that missed the playoffs, were busted for one reason or another – a new league record.

(more…)

By Ian Oland 5 months ago

1 Comment

NHL salary cap not expected to rise more than $1 million next season

NHL general managers met in Manapalan, Florida, early this week to discuss minor rule changes and protective equipment. They also received updates from commissioner Gary Bettman on the health of the league.

One of the biggest pieces of news to come out of the event is that the salary cap next season is only expected to rise by $1 million.

(more…)

By Ian Oland 6 months ago

3 Comments

Report: NHL salary cap due to rise sharply over the next three seasons

It appears the National Hockey League is preparing for a big shift with their salary cap.

Sportsnet’s Elliotte Friedman and Rory Boylen released a report on Tuesday that says the league has given its teams guidance on where the cap could move to the next few seasons.

Spoiler alert, it’s going up big time.

(more…)

By Chris Cerullo 12 months ago

0 Comment

2020-21 bonuses cause Capitals to lose nearly $500k of cap space next season

Caps senior writer, Mike Vogel, reported on Friday that the Washington Capitals will lose $472,927 of cap space during the 2021-22 season due to performance bonuses earned by defenseman Zdeno Chara and goaltender Ilya Samsonov.

(more…)

By Ian Oland 2 years ago

0 Comment

NHL releases salary-cap projection for next season

The NHL released their salary cap projection for next season and it’s higher than most analysts anticipated.

TSN’s Frank Servalli is reporting that the NHL believes the salary cap maximum will be between $84 to $88.2 million. The salary cap maximium this season is $81.5 million. Of course, the number is dependent on negotiations with the NHLPA later in the season.

(more…)

By Ian Oland 4 years ago

3 Comments

The NHL salary cap will be $81.5 million for the 2019-20 season

The Washington Capitals are going to have to do some mathematical gymnastics to make their roster work for the 2019-20 season.

Saturday evening, word broke out that the salary cap for the 2019-20 season will be $81.5 million – $1.5 million less Gary Bettman’s projection in December.

(more…)

By Ian Oland 4 years ago

0 Comment

Report: NHL salary cap projected to be around $83 million next season

The NHL salary cap saw an increase of $4.5 million from last season to current. The increase to $79.5 million helped the Capitals re-sign John Carlson and kept a majority of the Stanley Cup winning roster intact.

On Monday, NHL commissioner Gary Bettman gave an indication that the salary cap should be around $83 million for the 2019-20 season, as first reported by Sportsnet’s Chris Johnston.

(more…)

By Cara Bahniuk 5 years ago

0 Comment

NHL salary cap expected to fall between $79.5 and $80 million in 2018-19

On Wednesday, NHL commissioner Gary Bettman gave an indication of what to expect the salary cap should be for the 2018-19 season. Though it has yet to be finalized with the NHLPA, it should fall between $79.5 and $80 million.

(more…)

By Donya Abramo 5 years ago

0 Comment

Page 1 of 2