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The NHL salary cap is the total amount of money that each National Hockey League (NHL) team is allowed to pay its players collectively. It is a "hard" salary cap, meaning there are no exemptions (and thus no luxury tax penalties are required). The current cap system was introduced in the 2005–06 season.
The agreement also phased in a reduced age for free agency, which would eventually give players unrestricted rights to negotiate with any team at age 27 or after 7 years of play in the NHL, whichever came first. On September 4, 2010, the NHL and NHLPA ratified an agreement to alter how the salary cap hit of long-term contracts would be calculated.
What is the NHL salary cap for 2024-25? The 2024-25 NHL salary cap is $88 million, up from $83.5 million last season. It was the first significant rise since the pandemic.
The NHL salary cap is formally titled the "Upper Limit of the Payroll Range" in the new CBA. For the 2005–06 NHL season, the salary cap was set at US$39 million per team, with a maximum of $7.8 million (20% of the team's cap) for a player. The CBA also mandated the payment of salaries in U.S. dollars, codifying what had been a universal ...
The sides agreed on the numbers to “provide increased predictability on core salary cap economics,” they said in a joint news release. The cap floor is set at $70.6 million in ‘25-26, $76.9 million in ’26-27 and $83.9 million in '27-28. The projections for the 2026-27 and 2027-28 season are subject to potential minor adjustments up or down.
The NHL salary cap is getting another modest increase, going up $1 million again to $83.5 million. The league and NHL Players' Association announced the cap number for the 2023-24 season Wednesday.
The team salary cap was $39 million. Under the latest NHL Collective Bargaining Agreement, no player could earn more than 20 percent of the team salary cap ($7.8 million). Jaromir Jagr (New York Rangers) $8.36 million [2] Nicklas Lidstrom (Detroit Red Wings) $7.6 million Keith Tkachuk (St. Louis Blues) $7.6 million
Bill Guerin didn’t need to be reminded of how thin the upcoming crop of NHL free agents is regarded, or how numerous teams have already maxed out their payroll because of a salary cap that’s ...