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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 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 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.
The 2023–24 NHL trade deadline was on March 8, 2024. Players traded or claimed off waivers after that date were not be eligible to play in the 2024 Stanley Cup playoffs . Retirement
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 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 ...
Assistant GM Don Fishman has been an expert in managing the salary cap for several years, helping Washington win the Stanley Cup in 2018 and reach the playoffs 15 times in the past 17 seasons.
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 ...