The NHL is having Board of Governors meetings in Pebble Beach this week, and one of the many topics of discussion is the projected salary cap for the 2014-15 season.
According to TSN’s Darren Dreger, the cap ceiling for next year should be around $71 million, which is about $7 million higher than this season’s number.
2014-2015 NHL salary cap projection delivered at Board of Governors meeting.Upwards of $71 million next season. CDN TV rights also ratified.—
Darren Dreger (@DarrenDreger) December 10, 2013
An increase in the cap ceiling would also result in the salary floor rising.
With the new CBA, and projections of a 71 Million Dollar cap, The floor would be at or near 52 MIllion.—
John Shannon (@JSportsnet) December 10, 2013
The new collective bargaining agreement (CBA) that was reached in January of 2013 resulted in a $64.3 million cap for the 2013-14 campaign, but it appears that the decrease in the cap ceiling will be short lived.
The NHL’s new Canadian television deal with Rogers ($5.2 billion for 12 years) that starts in 2014-15, in addition to the league’s revenue growth could result in a cap of around $80 million in the not-so-distant future. James Mirtle of The Globe and Mail outlines what the cap ceiling may look like during the current CBA in the image below.
Here are my current projections for the NHL's salary cap the next eight years. These are conservative estimates. http://t.co/GmP2N4lfj8—
James Mìrtle (@mirtle) November 27, 2013
It will be interesting to see how the increase in cap space impacts the 2014 free-agent class, which could include veteran stars such as Joe Thornton, Patrick Marleau, Thomas Vanek, Paul Stastny, Marian Gaborik and Dion Phaneuf.