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2009-10 salary cap set at $56.8 million

Friday, 06.26.2009 / 3:45 PM / News

By NHL.com Staff

For the first time since the NHL returned from the work stoppage in 2005-06, the League will not see a significant increase in the salary cap.

The NHL and NHLPA agreed Friday -- on the same day the Entry Draft will take place in Montreal -- to set the cap number for 2009-10 at $56.8 million, up just $100,000 from $56.7 million in 2008-09. The floor is $40.8 million and the mid-range limit is $48.8 million.

When the League first introduced the cap in 2005-06, teams were forced to keep salaries under $39 million. That figure rose to $44 million the following season and jumped to $50.3 million in '07-08 before rising again for the just-concluded season.

With the cap ceiling remaining almost where it was last season, general managers will be trying to find ways to improve their teams without the benefit of the extra room they've enjoyed in previous years. Teams expected to have more space to maneuver -- such as the Montreal Canadiens, Los Angeles Kings and New York Islanders -- could have a decided advantage over teams up against the cap -- such as the Detroit Red Wings and Philadelphia Flyers and Boston Bruins -- when free agency gets under way July 1.

For me, it's a great win for our hockey team and for a lot of people back in Columbus, especially our fans in particular … people who have been devoted to this organization, it's big.

— Blue Jackets coach Todd Richards on their win vs. the Penguins in Game 2, the franchise's first-ever Stanley Cup Playoff victory