The NHL salary cap is expected to jump to $87.7 million for next season based off current projections, commissioner Gary Bettman said Tuesday.
The rise would represent an increase of $4.2 million from the $83.5 million cap for the 2023-24 season. Bettman said the league is projecting revenues of $6.2 billion this season.
The salary cap for the 2022-23 season was $82.5 million with a floor of $61 million, marking was the first time the cap increased in three years due to the pandemic as it remained at $81.5 million from the 2019-20 campaign through 2021-22.
Here's a breakdown of how the salary cap has increased over the years since it was first implemented during the 2005-06 season:
NHL Salary Cap History
| Year | Salary Cap |
|---|---|
| 2023-24 | $83.5M |
| 2022-23 | $82.5M |
| 2021-22 | $81.5M |
| 2020-21 | $81.5M |
| 2019-20 | $81.5M |
| 2018-19 | $79.5M |
| 2017-18 | $75M |
| 2016-17 | $73M |
| 2015-16 | $71.4M |
| 2014-15 | $69M |
| 2013-14 | $64.3M |
| 2012-13 | $60M |
| 2011-12 | $64.3M |
| 2010-11 | $59.4M |
| 2009-10 | $56.8M |
| 2008-09 | $56.7M |
| 2007-08 | $50.3M |
| 2006-07 | $44M |
| 2005-06 | $39M |
