The NHL and NHLPA have announced that the salary cap for the 2024-25 season will be set at $88 million, an increase from the $83.5 million cap for the 2023-24 season. This marks a $4.5 million increase and is slightly higher than the initially projected $87.7 million. The salary floor for the upcoming season will be $65 million, with a midpoint of $76.5 million. The Team Payroll Range for 2024-25 is set with a lower limit of $65 million, a midpoint of $76.5 million, and an upper limit of $88 million. This adjustment represents the first significant increase in the salary cap since the COVID-19 pandemic. The new cap is $300,000 more than the 5% increase stipulated in the CBA, requiring additional negotiations between the NHL and NHLPA.
The NHL has raised the salary cap to 88 million dollars. A jump from 83.5 million last year and an estimate of 87.7 million this year. #Avs #GoAvsGo #NHL @TheRinkColorado https://t.co/pYw9ZnZvTk
The NHL has raised the salary cap to 88 million dollars. A jump from 83.3 million last year and an estimate of 87.7 million this year. #Avs #GoAvsGo #NHL @TheRinkColorado https://t.co/ufgITSCKLm
NHL, NHLPA announce the salary cap for 2024-25 is $88 million.
Stars will have around $86 million to work with, given Joe Pavelski’s performance bonus of $2 million that rolls onto the 2024-25 cap https://t.co/qsld3gFeQv
According to @CapFriendly, the current #SJSharks projected cap hit is just over $50 million. Based on the newly announced cap floor, they need to spend ~$15 million.
The NHL has raised the salary cap to 88 million dollars. This is up from 87.7 million last year #Avs #GoAvsGo #NHL @TheRinkColorado https://t.co/PhfcS8DoLy
This is still a ridiculously low number. https://t.co/D5SvHptKUm
About $300K more than was originally mentioned for the cap https://t.co/r4lXAAVWv8
NHL and NHLPA officially announced an upper salary cap limit of $88 million. That's 300k more than the 5% percent in the CBA. Anything more than that had to be negotiated between both parties.
NHL and NHLPA officially announced an upper salary cap limit of $88 million. That's 300k more than the 5% percent in the CBA. Anything more than had to be negotiated between both parties.
Next year's NHL salary cap ceiling has been set at $88M -- first big jump since before the pandemic.
$88 million is a slight bump from the expected $87.7 million. https://t.co/2Umbl1pytd
NHL sets 2024-25 salary cap at $88 million Floor is $65 million.
NHL and National Hockey League Players’ Association announce the Team Payroll Range established for the 2024-25 League Year provides for a Lower Limit of $65.0 million, a Midpoint of $76.5 million and an Upper Limit of $88.0 million.
NHL and NHLPA jointly announce team payroll range for 2024-25: Lower Limit of $65.0 million, midpoint of $76.5 million and ceiling of $88.0 million. It's been a while because of COVID-19 slowdown but salary cap ceiling finally with a significant bump.
#NHL announces that the salary cap for 2024-25 will be $88 million. Was projected to be $87.7 M Cap was $83.5 M for 2023-24 so a $4.5 M bump.
NHL announces the 2024-25 salary cap is $88 million, higher than the initial projected $87.7 million.
The NHL salary cap will be $88 million next season.
NHL, NHLPA announce the salary cap for 2025-25 is $88 million.
BREAKING: NHL announces salary cap of $88M for next season (+$4.5M) and a salary floor of $65M
The @NHL and @NHLPA announced today the Team Payroll Range for 2024-25: https://t.co/rJW3afGi4q Lower Limit: $65.0 million Midpoint: $76.5 million Upper Limit: $88.0 million https://t.co/JYnAFEPY39
NHL announced the team payroll range for 2024-25: Floor: $65.0 million Midpoint: $76.5 million Cap: $88.0 million.
Hearing #NHL salary cap upper limit next season will be $88 million - a slight rise from the $87.7 million figure called for in the CBA’s MOU.