After staying frozen for the past three seasons due to the revenue lost during the COVID-19 pandemic, the NHL is expecting their salary cap for next season to go up by $1 million to $82.5 million.
Under this scenario, the Washington Capitals will have $12,628,334 to re-sign right-wing Marcus Johansson (pending unrestricted free agent), center Johan Larsson (UFA), defenseman Justin Schultz (UFA), defenseman Michal Kempny (UFA), defenseman Matt Irwin (UFA), goaltenders Vitek Vanecek and Ilya Samsonov (restricted free agents), and add in free agency or trades barring salary moving out.
The news provides relief to teams up against the cap as they could have a little extra breathing room to bolster their roster next offseason.
Last offseason, teams have had to settle for trading quality players for little return to shave cap space and improve their roster such as the Vegas Golden Knights trading reigning Vezina Trophy winning goaltender Marc-Andre Fleury to the Chicago Blackhawks in exchange for just forward prospect Mikael Hakkarainen, whose contract the Golden Knights terminated after the trade. They also had to part with restricted free agents they may have preferred to keep due to salary cap reasons.
Furthermore, the cap is scheduled to increase by $1 million each season thru 2024-25, upon which the NHLPA debt will be paid off and the cap will be expected to take a big jump starting 2025-26 (unless league revenues continue to climb and the debt is paid off sooner). https://t.co/E7CdtK0ZDc
— David Pagnotta (@TheFourthPeriod) March 29, 2022
By Harrison Brown