NHL: Commissioner Gary Bettman indicated Tuesday that the league’s salary cap might only increase by $1 million next season
SAN JOSE – NHL Commissioner Gary Bettman indicated Tuesday that the league’s salary cap might only increase by another $1 million next season, a modest forecast that had been expected by at least one Sharks player.
“Clearly it appears that if we don’t finish paying off the escrow this year,” Bettman said, “after next year it should be all gone and there shouldn’t be any issue about that.” Bettman had hinted at the Board of Governors meeting in October that the players’ escrow might be completely paid off by the end of this season, and that the cap could increase by more than $1 million. That remains a possibility, Bettman said, but those bigger cap jumps remain more likely to happen before the start of the 2024-25 season.“Would you like the cap to go up a lot? Yes. But I appreciate the situation that we’re in coming out of COVID,” Sharks center Nico Sturm said.
“I think In the next five years, you’re going to see that cap jump quite a bit,” Sturm said. “Maybe not next year, but it’ll get up there pretty quickly.
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