Salary caps on the rise for next season
The salary cap is going up after all in the National Hockey League. The NHL and NHLPA announced an upper limit of $75 million US for the 2017-18 season — up from $73 million last season.
NHL deputy commissioner Bill Daly thought the cap might remain flat when he last addressed the issue at the Stanley Cup final. Daly said the league was open to limiting any potential rise in the cap to manage escrow concerns of the players.
Vancouver Canucks GM Jim Benning thought the establishment of the cap would help clubs prepare to make moves ahead of Wednesday’s expansion draft.
Protection lists were submitted to the NHL and NHLPA Saturday and released to the Las Vegas Golden Knights Sunday.