NHL increases salary cap to $71.4M for 2015-16 season

After a salary cap for the 2014-15 NHL season was established at $69 million, the league and the NHLPA agreed to a $2.4 million spike to $71.4 million for 2015-16. The ceiling of $71.4 million is counteracted with the lowest limit (the cap floor) of $54.8 million.

Seven teams have already met a surplus of over $64 million in cap space for player contracts concerning next season: Chicago, Boston, Philadelphia, Los Angeles, Tampa Bay, Montreal and Vancouver.

Below are the top three and bottom three in the categories of total salaries and cap space (numbers heading into the 2015-16 season).

Total Salaries (hi to lo)
$76,683,333 (Blackhawks)
$70,570,238 (Lightning)
$69,326,190 (Flyers)

Total Salaries (lo to hi)
$34,726,944 (Coyotes)
$46,845,000 (Predators)
$46,911,865 (Sabres)

Cap Space (hi to lo)
$34,205,558 (Coyotes)
$31,044,526 (Predators)
$29,314,645 (Sabres)

Cap Space (lo to hi)
$2,004,405 (Flyers)
$3,512,027 (Lightning)
$4,925,000 (Canadiens)

General Fanager allows you to scope out each team (and its players) salary profiles. It’s a rather useful tool to stay in hindsight for the upcoming season. No harm in planning ahead, right?

Can’t get enough of Campus Sports? Follow us on TwitterFacebook and Instagram to stay updated with the latest news and exclusive giveaways!

*Featured Photo (above) credit to USA TODAY Sports

Chris Paul’s son shows off killer dance moves
Chris Paul’s son shows off killer dance moves