Reports: NHLPA Voting to Approve $75 million Salary Cap

According to reports, the NHLPA is expected to vote on a $75 million salary cap today. If approved, it would increase the cap from its current level of $73 million. The raise represents approximately a 2.67% increase from last years cap.

Pierre LeBrun was the first to report the new cap number:

The NHLPA could have voted for as much as a 5% increase. The NHL is hoping to announce the final number by the close of business today (Friday), however, the NHLPA vote could take until Saturday to complete.

The potential increase is good news for cash-strapped teams such as the Capitals. There were rumors last week that the salary cap could remain flat for next season as a way to address the players’ concerns about escrow.

For more on “Understanding the NHL’s Escrow System”, read here:

By Jon Sorensen

About Jon Sorensen

Jon has been a Caps fan since day one, attending his first game at the Capital Centre in 1974. His interest in the Caps has grown over the decades and included time as a season ticket holder. He has been a journalist covering the team for 10+ years, primarily focusing on analysis, analytics and prospect development.
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2 Responses to Reports: NHLPA Voting to Approve $75 million Salary Cap

  1. Anonymous says:

    At 75 milUSD, can the caps keep Oshie?

  2. Pingback: NHL’s Bill Daily Comments on Early Salary Cap Projections | NoVa Caps

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