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Salary Cap Projected To Be Higher Next Season

by Paul on 12/11/05 at 01:20 AM ET
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from the CP via Slam,

NHL owners will get their first look at the projected salary cap for next season when the board of governors convenes Wednesday and Thursday in Scottsdale, Ariz. And they may be surprised to learn the salary cap is not expected to be lower than the $39-million US limit it currently sits at this season, The Canadian Press has learned. In fact, it will be higher based on current projections.

more from the Globe and Mail,

NHL Players' Association executive director Ted Saskin has been telling players and their agents that the cap will definitely be higher next season, according to NHL sources. This is also what those on the management side are being told. "You can take to the bank the fact that the cap won't drop next year," said an NHL source familiar with the revenue figures. "League-wide revenues this year will be far more robust than we first anticipated."

continued

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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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