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For the first time since 2018-19, the NHL Salary Cap is seeing a significant increase.
The NHL and the NHLPA announced Saturday the salary figures for the 2024-25 season, with the lower limit being set at $65 million, the midpoint being $76 million and the upper limit being $88 million.
The upper limit will be an increase from the $83.5 million figure for the 2023-24 season and is the largest increase since the league went from $75 million in 2017-18 to $79.5 million in 2018-19.
This article will be updated soon to provide more information and analysis.