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Salary cap set for 2011-12

Thursday, 06.23.2011 / 5:28 PM / News

NHL.com

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Salary cap set for 2011-12
The National Hockey League and the NHL Players' Association announced Thursday that the team payroll range established for the 2011 League Year.
The National Hockey League and the NHL Players' Association announced Thursday that the team payroll range established for the 2011 League Year, pursuant to the Collective Bargaining Agreement, provides for a lower limit of $48.3 million, an adjusted midpoint of $56.3 million and an upper limit of $64.3 million.
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We want to make sure that whoever makes our team really makes our team by earning it and not putting them in situations where they get preference because of their status as a first-round pick or whatever it might be. That's not going to happen. Everybody has to earn their way on our team.

— Columbus Blue Jackets general manager Jarmo Kekalainen on the team's prospects at development camp