The NHL salary-cap hit and salary-ceiling hits a little closer to $1 billion in 2019-20 and $1.1 billion by 2022-23.
Both are up about $100 million from where they were in 2017-18.
The average cap hit in 2019 is $1,000,000.
It’s a little more than the $1 million that teams pay out for players who retire in the same year as a regular-season or playoff game.
The 2017-2018 cap hit is up $30 million to $2.3 million.
For 2022-20, the average cap is $3.1 million.
Salary-ceilings have increased by about $60 million to about $4.3 billion.
That’s a big jump from the previous season, when the average salary-capped team had about $2 million in cap space.
There’s been a lot of discussion in recent years about whether or not the salary cap is going to have a major impact on the NHL’s revenue stream.
The league has been talking about capping the amount teams can spend in the free agency period and, in the case of the 2019-2020 season, capping salary-related contracts for players with two or more seasons remaining on their contracts.
But the league is also concerned about the possibility that teams will have to spend more money on players.
“We have to balance the budget and it doesn’t necessarily have to be more money for the NHL,” Bettman said during the league’s first annual conference call.
“I think you’re going to see some changes.
It can be the case that a team is looking to build for the future, but there’s going to be some changes to where they’re spending money.”
For example, teams can no longer spend a first-round pick on a defenseman.
In the NHL, cap hit changes are part of a larger league-wide strategy to cut costs, but the league has made it clear that cap hit increases aren’t going to necessarily translate to increased revenue.
“You can have a $2 billion increase in the league and the cap will go up $2,000,” Bettmen said.
“It’s like a new car that’s going in the garage and you put it in, it’s going up to $15,000.”
“It’s not the money, it is the impact of it.”