Kukla's Korner Hockey
by Paul on 12/09/13 at 09:15 PM ET
added 12/10/13, from TSN,
According to TSN Hockey Insiders Bob McKenzie and Darren Dreger, the cap is expected to rise to $71.1 million for the 2014-15 season according to a projection that was presented at the NHL's Board of Governors meeting in Pebble Beach, California.
The cap is currently set at $64.3 million in this, the second season under the NHL's latest collective bargaining agreement.
Teams must currently hit a minimum salary cap obligation of $44 million, based on average annual salary over the length of a player's contract. The cap floor is expected to rise to roughly $52 million.
"These are preliminary estimates, it's in that range," NHL commissioner Gary Bettman told TSN Hockey Insider Pierre LeBrun of ESPN.com. "And I said to the board there shouldn't be any issue or consternation, if that's the cap level, it's because the revenues have gone up. And that's a good thing."
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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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