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The Official Cap Number

from the CP via the Globe and Mail,

The NHL’s salary cap is on the rise.

Deputy commissioner Bill Daly confirmed Friday that next year’s cap will go up by $100,000 to $56.8-million in 2009-10.

Part of the reason for the growth is that the NHL Players’ Association decided to invoke a five per cent inflator, which was negotiated as part of the collective bargaining agreement.

added 4:21pm,

TORONTO/NEW YORK (June 26, 2009)—The National Hockey League Players’ Association and the National Hockey League announced today that the Team Payroll Range established for the 2009-10 League Year, pursuant to the Collective Bargaining Agreement, provides for a Lower Limit of $40.8 million, an Adjusted Midpoint of $48.8 million and an Upper Limit of $56.8 million.

Filed in: NHL Teams, NHL Talk, NHLPA, | KK Hockey | Permalink
 

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About Kukla's Korner Hockey

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.

Email Paul anytime at pk@kuklaskorner.com

 

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