NHL salary cap projected to be near $71 million next season

Gary A. Vasquez-US PRESSWIRE

The NHL salary cap may not be going up as much as expected.

The salary cap is going to go up for the 2014-15 season, and on Wednesday the NHL's general managers were given an idea as to how much it is going to rise. It's possible, if not likely, that it will not be as much as originally thought.

Teams were informed on Wednesday that the cap is expected to be within "$1-2 million" of the original $71 million projection they were given earlier this season. Why the potential change? Shortly after the NHL trade deadline Los Angeles Kings general manager Dean Lombardi mentioned that the slumping value of the Canadian dollar could affect the cap next season, and it appears that it will.

The salary cap for the 2013-14 season is $64.3 million.

As of right now every team in the league would not only be under the original projection of $71 million level,  but also below the $69 million-70 million level it could end up being. Only two teams (Chicago and Boston) have more than $60 million committed for next season, according to CapGeek.

The Blackhawks have $65.9 million committed to 18 players, while the Bruins have 17 players signed for just a little more than $62 million, while several teams including Pittsburgh, Philadelphia, Vancouver, and the New York Rangers will need to get creative to not only keep their teams together, but also add to them.

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