After months of believing that the NHL salary cap would likely be going up around $3 million or so next year, a new report has started circulating that the salary cap could be going the opposite way once the league makes an official announcement later this year.
According to Sportsnet’s Elliotte Friedman, the cap for the 2016-17 season could fall below $70 million. It was $71.4 million for the 2015-16 season.
“The players were told this week when they met at the NHLPA meetings if they don’t vote to increase the salary cap by five percent, there’s a chance it could go down under $70 million next year,” Friedman told Sportsnet. “Not yet decided, but that’s potentially what they’ve been told.”
Michael Straw, thehockeywriters.com | Photo: CTVNews.ca
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