NHL Expected To Finalize Next Year's Cap Number
27/06/2009 05:15
On a day when the biggest decisions appear to be made on the floor of the 2009 NHL Draft, the National Hockey League is expected to finalize their salary cap for the 2009-2010 season.
NHLPA executive-director Paul Kelly has confirmed to TSN that the salary cap will be set at a maximum of $56.8-million, with the minimum being $40.8-million. The move represents an increase of $100,000 from last year's totals.
Both the NHL and the NHLPA confirmed the players have voted to apply the five percent inflator, which allowed the salary cap for next season to rise slightly.
The league has been telling general managers and owners that the cap number could be $57.1-million, up a few hundred thousand from last season's maximum of $56.7-million.
Since it was introduced, the NHL salary cap has risen each year, starting from the original $39-million set at the end of the NHL Lockout.
SWIVEL HIPS SAYS:
Hmm . . . they had to use the five per cent inflator, eh? It would appear the world financial and economic crisis is indeed having an impact on NHL revenues. Who’da thunk it? Certainly not Gary Bettman.