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The NHL salary cap is the total amount of money that National Hockey League (NHL) teams are allowed to pay their players. It is a "hard" salary cap , meaning there are no exemptions (and thus no luxury tax penalties are required).
Top salaries in the NHL since 1989. This is a list of the twenty NHL players who have earned the most in salaries between the 1989–90 season and the 2023–24 season . These figures have been gleaned from certain financial sites dedicated to professional sports, and so may not be perfectly accurate.
Here are several tables of National Hockey League team payrolls for each team in the NHL. For simplicity, players traded mid-season are considered to be on the payroll of the team acquiring that player.
The NHL salary cap is getting another modest increase, going up $1 million again to $83.5 million. The league and NHL Players' Association announced the cap number for the 2023-24 season Wednesday.
The NHL salary cap is formally titled the "Upper Limit of the Payroll Range" in the new CBA. For the 2005–06 NHL season, the salary cap was set at US$39 million per team, with a maximum of $7.8 million (20% of the team's cap) for a player. The CBA also mandated the payment of salaries in U.S. dollars, codifying what had been a universal ...
To critics and skeptical fans, it looks very much like manipulation of the salary cap — even though the NHL has steadfastly maintained it is fine with it all.
The most important provision of the new collective bargaining agreement was an overall salary cap for all NHL teams, tied to league revenues. The agreement also phased in a reduced age for free agency , which would eventually give players unrestricted rights to negotiate with any team at age 27 or after 7 years of play in the NHL, whichever ...
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments.
Salaries of players playing for an NHL team count against its salary cap, while the salaries of players playing for a team's minor league affiliates do not. NHL teams have waived players with high salaries, thereby freeing up salary cap space for other signings.
National Hockey League announced that the regular season salary cap would be going up for the fourth straight season. The 2008–09 salary cap is being increased by $6,400,000 (US) per team to bring the salary cap up to $56,700,000 (US).