From CNBC: 2024-11-20 10:32:57

The NHL Stanley Cup journey is a rigorous one, involving an 82-game regular season, four playoff series, and careful adherence to salary cap rules. With an $88 million ceiling and $65 million floor for the 2024-25 season, all teams have equal pay capabilities. The strict cap has ensured financial stability post-labor disputes.

Unlike MLB and NBA, the NHL enforces a hard salary cap, promoting parity and fiscal health. Teams must manage payrolls diligently, unlike the Dodgers’ $680 million deferred deal and Knicks’ $100 million contract savings. Exceptions exist, like the long-term injury clause, but teams must comply once the injured player returns.

Negotiations for a new CBA will begin in early 2025, as the current agreement expires in September 2026. The NHL’s strict financial model has been lauded for its success in maintaining fiscal stability and promoting competitive balance among teams. The hard salary cap has been a key factor in the league’s financial health and growth over the years.



Read more at CNBC: How NHL salary cap works