Salary Cap Officially Set at $73 Million

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Originally estimated to be set at around $74 million, the NHL finalized the salary cap on Tuesday night at $73 Million. 

The NHL’s salary cap ceiling has been finalized at $73 million for the 2016-17 season. The floor is set at $54 million while the “adjusted midpoint” is $63.5 million. This represents a modest $1.6 million bump from 2015-16, when the cap ceiling was at $71.4 million.

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The Capitals are currently $14,388,207 under the salary cap ceiling. Offensive players not under contract include Marcus Johansson, Jason Chimera, Mike Richards, Tom Wilson and Michael Latta.

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Defensive players not under contract include Dmitry Orlov and Mike Weber.

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Non-roster players not under contract include Justin Peters, Caleb Herbert, Carter Camper, Ryan Stanton, Zach Sill, Mike Moore, Aaron Ness, Sean Collins, Dan Ellis, Paul Carey and Ryan Bourque.

washington-capitals-salary-cap-non-rosterData provided by General Fanager

Some general notes regarding other teams and the new salary cap:

 

About Jon Sorensen

Jon has been a Caps fan since day one, attending his first game at the Capital Centre in 1974. His passion for the Caps has grown over the decades, which has included time as a season ticket holder, social media and community organizer, and most recently led to the founding of NoVa Caps in 2014. Jon earned a Bachelor's of Science in Engineering at Old Dominion University, and is a Systems Engineer during intermissions, which has been instrumental in supporting his Capitals habit.
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