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NHL, NHLPA set cap at $56.8M for next season

TSN.ca Staff

6/26/2009 11:17:56 PM

The National Hockey League Players' Association and the National Hockey League announced Friday that the team payroll range established for the 2009-10 season will be $56.8 million with a salary floor of $48.8 million.

The move represents an increase of $100,000 from last year's ceiling total.

Both the NHL and the NHLPA confirmed the players voted to apply the five percent inflator, which allowed the salary cap for next season to rise slightly.

The league had 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.