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A look into the financials of the NHL amid raising the cap and inking new deals

EDMONTON, ALBERTA - SEPTEMBER 28: General Manager Julien BriseBois of the Tampa Bay Lightning poses with the Stanley Cup following the series-winning victory over the Dallas Stars in Game Six of the 2020 NHL Stanley Cup Final at Rogers Place on September 28, 2020 in Edmonton, Alberta, Canada. (Photo by Bruce Bennett/Getty Images)

The NHL salary cap was assumed to rise when the NHL and ESPN struck their TV deal, and it is doing just that. While the cap news broke at the beginning of August, the next move in the financial books for the NHL came just a few days ago, when a statement announced that the league would put a 3″ x 3.