So it appears that the NHL has released the salary cap numbers for the upcoming year. The salary cap has increased every year since its implementation, this time by 4.6 million dollars. This will provide relief for those teams bumping against the cap ceiling like Philly who just traded for the rights to Ilya Bryzgalov, and that means that every team in cap trouble will be able to sign or re-sign a player of significant talent.
I find it interesting to see how the cap has progressed, and that next season, the floor will be greater than the ceiling five years ago. I suspect that strong ratings, the new TV deal with Versus/NBC, and Winnipeg fiasco all play a part in the new-found health of the league.
Just like the housing market, we can’t expect to see increases forever, but I hope the league can get its sickly franchises in order so that they don’t hit that ultimate ceiling too soon.