With the National Hockey League Entry Draft less than a week away and the potential for trades escalating this week and next with the free agency period looming, the salary cap will be going up by nearly $5 million next season.
Clubs and agents are being told next year's salary cap will be set at an upper limit of $64 million with a floor of $48 million.
During the 2010-11 season, the salary cap had an upper limit of $59.4 million.
The league's cap - entering its seven season under the current collective bargaining agreement - has risen every year since the end of the NHL lockout when the cap was set at $39-million.
