NHL projects $84M-$88M salary cap for next season

The NHL salary cap could increase significantly for the 2020-21 season, as deputy commissioner Bill Daly announced Wednesday that the expected range is between $84 million and $88.2 million, according to TSN's Pierre LeBrun.

The current cap is $81.5 million, a figure determined last June that came in $1.5 million lower than the estimate commissioner Gary Bettman shared in December 2018.

The exact cap figure will be negotiated between the NHL and NHLPA. Daly also said that a multi-year salary cap has been discussed in CBA talks to help teams plan for the future, LeBrun added.

The NHL introduced a hard salary cap following the 2005 lockout. The initial figure was $39 million and has risen each year since.