Bettman: NHL willing to discuss higher salary cap with NHLPA
The NHL's salary cap remains projected to rise by just $1 million - to $83.5 million - for next season, but could be bumped further, commissioner Gary Bettman said Wednesday.
Bettman, who set the expectation of a $1 million rise in December, said the league is willing to discuss a lager bump with the NHL Players' Association. Bettman added he will need to see what incoming NHLPA executive director Marty Walsh wants to do.
Bettman noted in December that the $1 million rise is based on current revenue projections, noting players still owe escrow. He added however, that revenue could exceed projections and see the cap raised higher.
The salary cap also increased by $1 million - to $82.5 million - for the 2022-23 season after sitting at $81.5 million in each of the previous two years.
The salary cap was $79.5 million in 2018-19, up $4.5 million from the previous season.
No playoff changes
Bettman also said Wednesday no changes are planned to NHL's playoff format.
The league switched from a format that saw top seeds take on the eight seed in their conference to the current divisional format in 2014.
"This is working well," Bettman said of the current format Wednesday.
The Stanley Cup playoffs will begin this season on Monday, April 17. The Stanley Cup Final is tentatively scheduled to begin on Saturday, June 3.