NHL Salaries

Report: NHL salary cap could rise nearly $10 million by 2025-26 season

The NHL is preparing for a major salary cap increase over the next three seasons, sources told Sportsnet’s Elliotte Friedman and Rory Boylen.

Teams would have received rough salary cap projections through 2025-26. These values ​​are not guarantees but reflect league estimates. The 2022-23 salary cap is $82.5 million, an increase of $1 million from last season.

Year Possible salary cap
2023-24 $83.5 million
2024-25 $87.5 million – $88 million
2025-26 About $92 million

According to this projection, the salary cap would begin to increase by more than $1 million per season from 2024-25. It would be the first multi-million salary cap jump since 2019. Notable free agents for the 2024 offseason include Auston Matthews, Steven Stamkos and Sebastian Aho.

By 2025, a projected salary cap of $92 million would represent an increase of nearly $10 million over three seasons. The summer of 2025 is set to be huge, with major stars such as Victor Hedman, Leon Draisaitl, Mitch Marner and Sidney Crosby up for new contracts.

This season represents the first salary cap increase since the 2019-20 campaign. Players received full salaries in the shortened 2019-20 and 2020-21 seasons, which led to an imbalance in the distribution of income between players and owners. The league introduced a fixed salary cap until hockey-related revenue exceeded $3.3 billion in the previous season, along with a series of escrow clawbacks to even things out.

The salary cap previously increased each season from 2013-14 to 2019-20.