Report: NHL Salary Could See “Sharp” Increase By 2024-25 Season

Graphic: DailyFaceoff

Sportsnet’s Elliotte Friedman and Rory Boylen reported Tuesday that NHL teams have received guidance from the league about salary-cap projections over the next four seasons.

According to Sportsnet, “NHL teams have been given some guidance on where the cap could be going over the next few seasons. These are projections and possibilities and an educated guess on where we could be going, not a guarantee of where things will be.”

YEAR

PROJECTED SALARY CAP

2022-23

$82.5 million

2023-24

$83.5 million

2024-25

$87.5 million – $88 million

2025-26

Approximately $92 million

Early in 2021, commissioner Gary Bettman asserted that the league had suffered losses of more than $1 billion, while Forbes pegged the shortfall at $720 million.

“I’ve seen some preliminary estimates recently which would make me more optimistic on the cap going up sooner whether that’s in two seasons or three seasons, I think it’s more likely than not two seasons rather than three,” Bill Daly said on the 32 Thoughts podcast this month.

The $81.5 million salary-cap ceiling from the 2019-20 season was held steady in the 2020 and 2021 offseasons, then bumped up by just $1 million this summer.

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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4 Responses to Report: NHL Salary Could See “Sharp” Increase By 2024-25 Season

  1. Anonymous says:

    10 million in three years is a huge increase. I wonder where all this money is coming from? 🤔

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