The 2019-20 salary cap will be approximately $83 million, NHL commissioner Gary Bettman said at the league's Board of Governors meeting Monday, according to theScore's John Matisz.
That would mean a rise of roughly $3.5 million from this season's ceiling of $79.5 million.
Bettman said the final figure could fluctuate, but $83 million is the target.
"It could be a million more, it could be a million less, but if you're focused on a number, the number we told our clubs to focus on was the $83-million range," the commissioner said, according to NHL.com's Dan Rosen.
The salary cap was initially $39 million when it was first introduced before the 2005-06 season.
