Salary Cap over 70 million next year

by Freak;_ylt=AqNBHcA0w6x1uFT.PBXWUZIJfwM6

NEW YORK (AP) -- The NHL salary cap is going up, allowing teams to spend about $6 million more on players this season.
Before opening labor talks, the league and the NHL Players' Association announced the cap has been set at $70.2 million. That's a significant jump from last year's cap of $64.3 million, and continues the trend of increases since the cap system was established in 2005.
The minimum teams can spend on payroll is also rising, going up from $48 million to $54.2 million.
The announcement comes as the league prepares to open its free-agency period Sunday.
It's unclear what effect labor talks will have on the salary cap. The two sides are opening talks this week in a bid to reach a new deal before the current CBA expires Sept. 15.

Posted on Jun 28, 2012, 3:56 PM
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  1. Our society never learns. Sedsey, Jun 28, 2012
    1. Can't see the PA giving up guaranteed contracts. Freak, Jun 28, 2012
    2. In anything. Outland, Jun 29, 2012
    3. Cap tied to Revenue. Rustydog, Jun 29, 2012
      1. And just where does the revenue come from?. Outland, Jun 29, 2012

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