Report: NHL Salary Cap Will Be “Kept Close” to $81.5 Million for Next Three Seasons

As we previously reported last month, the NHL and the NHLPA are currently in the midst of not only negotiating the final ‘Return To Play’ protocol for the 2020 playoffs, but are also knee-deep in negotiating the structure of a new Collective Bargaining Agreement (CBA). One of the key negotiating points for the new CBA is escrow and the salary cap.

Back on June 18, Pierre LeBrun reported that the CBA extension, or at least the Memo of Understanding (MOU), has become so intertwined with ‘Return to Play’ that one source suggested it’s probably all going to be presented as one package to the players at some point before the end of the month.

According to Elliott Friedman, as part of the new CBA agreement, the salary cap will be kept close to the current $81.5 million for the next three seasons. There is potential for it to go up $1 million in 2022-23.

The stagnate salary cap obviously puts many teams in a bind for the next three seasons, including the Washington Capitals, who are currently maxed-out at this years ceiling of $81.5 million.

Since it is a CBA, the NHLPA’s constitution mandates that every player gets a vote. It is expected, as The New York Post’s Larry Brooks reported Thursday, that Return to Play will be intertwined with the CBA, meaning players will be voting on both safety and financial protocols at the same time. A simple majority is enough for a “yes.”

It will be interesting to see if there are stumbling points in the new CBA negations, and whether or not that will hinder negotiations for ‘Return to Play’.

A new CBA now has benefits, as it would allow both the League and the Players Association an opportunity to restructure financially, and provide a mechanism for dealing with potential losses accrued from the suspension of play due to the COVID-19 virus.

The current collective bargaining agreement runs ten years and expires on September 15, 2022. The current Agreement was ratified by NHLPA membership on January 12, 2013, concluding a four-month lockout by NHL owners.

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 Report: NHL Salary Cap Will Be “Kept Close” to $81.5 Million for Next Three Seasons

  1. Anonymous says:

    Bring on FB and TB… another farm hand as well

  2. Pingback: Chicago Blackhawks: CBA salary cap likely means buyouts are comingon July 8, 2020 at 1:00 pm |

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