NHL salary cap set at $75 mil­lion for 2017-18 sea­son

The Washington Times Daily - - SPORTS -

NEW YORK | The NHL salary cap has been set at $75 mil­lion for this sea­son in a slight in­crease over last year.

The league and NHL Play­ers’ As­so­ci­a­tion an­nounced the cap and the salary floor of $55.4 mil­lion in a joint state­ment Sun­day. The fig­ures are set by the league’s hockey-re­lated rev­enue.

It’s an in­crease of $2 mil­lion from the $73 mil­lion cap last sea­son, as play­ers elected to use their es­ca­la­tor clause to raise it. Even a slight in­crease can help sev­eral teams that are up against the cap, like the Chicago Black­hawks and Pres­i­dents’ Tro­phy win­ning Wash­ing­ton Cap­i­tals. For bud­get teams, the floor in­creased just $1.4 mil­lion from $54 mil­lion.

The ex­pan­sion Ve­gas Golden Knights must spend at least to the salary floor in their first sea­son.

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