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The reduced salary cap ceiling helps the Montreal Canadiens

Well, it’s better late then never right? NHL insiders have been teasing the release of the salary cap ceiling, and the hockey world finally got its answer. The Montreal Canadiens, as well as the other 30 teams in the NHL, will have up to $81.5 million to work with while the floor is $60.2 million.

It’s only a $2 million salary cap increase from last year’s $79.5 million. In many cases, an increase is an increase, but NHL teams are concerned of how little the increase was. Some were reporting the salary cap could go up to as high as $83 million giving teams who are right up against the ceiling some more room to work with.