Salary cap ceiling set to $71.4 million

The NHLPA announced that the upper limit of the salary cap will be set at $71.4 million for the 2015-2016 season. This is just a $2.4 million increase from last season’s $69 million ceiling. The reason for the small increase is due to the decreasing value of the Canadian Dollar.

The Rangers are in a bit of a crunch with the cap, but should be able to get their RFAs signed if they can move salary. There are other teams (Chicago, LA, Boston) with much more pressing issues.