The NHL gave its first estimate for the 2028-29 salary cap at this week\u2019s Board of Governors meeting, and according to multiple sources, it\u2019s a whopper \u2014 $127.5 million. (All figures in U.S. dollars.)<\/p>\n
The league and NHLPA are in the second of a three-season agreement that sent to the ceiling to record levels. This year\u2019s number is $104 million and next year\u2019s is $113.5 million.\u00a0<\/p>\n
NHL commissioner Gary Bettman said revenue projections for this coming season are approximately $8.1 billion in mixed currency, obviously a key factor in the rising total. If the 2028-29 guesstimate holds, it would also be the largest season-to-season jump of the cap era, at $14 million.<\/p>\n
That\u2019s going to be big challenge for some teams, especially some of the smaller Canadian markets earning revenues in their currency. But it\u2019s a huge windfall for the players, after a summer where Leo Carlsson, Macklin Celebrini and Cale Makar contracts set new stratospheres.\u00a0<\/p>\n
It is a new era for the NHL, and we\u2019re all adjusting to it.<\/p>\n","protected":false},"excerpt":{"rendered":"The NHL gave its first estimate for the 2028-29 salary cap at this week\u2019s Board of Governors meeting,…\n","protected":false},"author":2,"featured_media":909130,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[433],"tags":[49,48,448,82],"class_list":["post-909129","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-ca","tag-canada","tag-nhl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/909129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=909129"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/909129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/909130"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=909129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=909129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=909129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}