According to Renaud Lavoie, the NHL’s salary cap is going to be raised to somewhere between $78 and $82 million next season. This season, the salary cap ceiling was set at $75 million.
The NHL’s salary cap over the years
If the cap does end up going all the way up to $82 million, it would represent the biggest spike seen since back in the early days of the salary cap era. It seems more likely the cap will rise to $82 million, though. Still, that $5 million rise would be the biggest since between 2013-14 and 2014-15. If it ends up at the lower suggested limit of $78 million, that would be a similar $3 million spike to the $2 million one last year.
A higher salary cap is obviously a win for all of the teams in the league save for those barely reaching the lower limit. Teams like the Carolina Hurricanes and Arizona Coyotes struggle to reach the basement, but a team like the Edmonton Oilers who are set to pay $21 million combined to Connor McDavid and Leon Draisaitl will greatly benefit from a cap jump.
Another winner here is all the players set to hit unrestricted free agency this summer. Players like David Perron and James van Riemsdyk who are having excellent offensive seasons are now more likely to cash in given that teams will have more financial flexibility.