NHL Salary Cap Will Rise To $64 Million In 2011-12, Report Says

The NHL has experienced a ton of success in recent years, growing exponentially each year since the lockout and the lost season in 2004-05. As a result, the league's salary cap continues to increase along with revenues, and next season, it'll be larger than it's ever been.

As first reported by Bob McKenzie of TSN, the NHL salary cap is expected to rise by about $5 million for the 2011-12 season, up from $59.4 million to around $64 million. The salary floor will rise right along with the cap to $48 million. By comparison, the original cap in 2005-06, the first season back after the lockout, was just $39 million. 

Five years after the lockout, the salary floor has risen $9 million above the original cap. That's obviously good news for the league as a whole -- the cap is tied directly to league revenues, and as revenues rise, the cap rises. It's also good news for the large market teams that would spend over the cap if they were allowed. For them, the cap is only a hindrance. 

But for small market clubs that already have trouble reaching the floor, it's certainly not good news. It's more expense that those teams have to add, by NHL law, to their books. 

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.