Report: NHL salary cap will be lower than expected
The NHL's salary cap will be between $81.5 and $82 million for the 2019-20 season, according to The Associated Press.
Commissioner Gary Bettman projected during the NHL Board of Governors meetings in December that the current $79.5-million cap would increase to $83 million.
The lower-than-expected number will result in added difficulty for teams trying to re-sign key players and fill out their rosters while already facing limited cap space.
With @DarrenDreger @TSNBobMcKenzie reports of a Cap of less than $83M, here’s a look at the highest current cap hit committed by teams. Note that Cap Space is based on projected $83M Caphttps://t.co/7HK8nY2Jfh pic.twitter.com/U8tuagcvH1
— PuckPedia (@PuckPedia) June 18, 2019
The cap is calculated as a percentage of the league's revenue from the previous season.