Report: 2019-20 NHL Salary Cap Projections Are Dropping

WJLAPhoto: WJLA

The NHL salary cap projections have been dropping as of late. NHL General Managers are fearing that the cap ceiling will be around $81.5-82 million, according to Sportsnet’s Elliotte Friedman. The projected cap ceiling was around $82.5-83 million initially.

The factors for the decrease in the projections include the fact that fewer and fewer players are willing to take a “hometown discount” to sign with their last team, want escrow to be eased when the time comes to negotiate a new CBA agreement in 2020, and the fact that NBC’s contract with the NHL expires after the upcoming season.

Friedman also said that the expected salary cap for the 2020-21 season is around $83.5-84.5 million.

If the salary cap were to drop to around $82 million, it would make things a lot harder to sign unrestricted free agents for the Washington Capitals, who already have to sign forward Jakub Vrana this offseason. Vrana can become a restricted free agent on July 1 and is expected to have a cap hit of around $4 million. Forward Brett Connolly, a 20-goal scorer from last season, can become an unrestricted free agent on July 1.

The other unrestricted free agents for the Capitals include forward Devante Smith-Pelly and defenseman Brooks Orpik. Center Nicklas Backstrom and goaltender Braden Holtby, who can each become unrestricted free agents after the 2019-20 season, can sign contract extensions as soon as July 1.

In addition to Vrana, forwards Andre Burakovsky, Dmitrij Jaskin, Chandler Stephenson, and defenseman Christian Djoos can all become restricted free agents on July 1.

If the report is true, General Manager Brian MacLellan’s life just got a lot harder.

By Harrison Brown

About Harrison Brown

Harrison is a diehard Caps fan and a hockey fanatic with a passion for sports writing. He attended his first game at age 8 and has been a season ticket holder since the 2010-2011 season. His fondest Caps memory was watching the Capitals hoist the Stanley Cup in Las Vegas. In his spare time, he enjoys travel, photography, and hanging out with his two dogs. Follow Harrison on Twitter @HarrisonB927077
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4 Responses to Report: 2019-20 NHL Salary Cap Projections Are Dropping

  1. Anonymous says:

    We need to start digging in the couch for loose change. 🙄

    Like

  2. Anonymous says:

    HB is reporting the Caps offered Burky, 2nd, and a goalie prospect to the Oilers for Pul… that would help !

    Like

  3. Pingback: Capitals’ GM Brian MacLellan Discusses Free Agency, Salary Cap, And Injury Updates On Conference Call With The Media | NoVa Caps

  4. Pingback: Even With a Late First Round Pick, the Washington Capitals Have Plenty of Options Entering the 2019 NHL Draft | NoVa Caps

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