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Report: Projected salary cap increase expected to be discussed at NHL Board of Governors meeting

When the NHL’s Board of Governors convene for the 2nd day of the league’s annual meetings in Florida today, a significant increase to the salary could be in the discussion topics.

Frank Seravalli was in attendance for the first day of the meetings on Monday and reports that the cap could be rising significantly, mentioning a possible increase of nearly $4.5 million.

The cap has been frozen for the past three seasons due to the COVID-19 pandemic and the related impact such as league shutdowns, travel restrictions, and attendance limitations.

During Monday’s meeting, NHL Deputy Commissioner Bill Daly said that it appears that things are in the same position as they were when the board was last updated six weeks ago.