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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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I'm here to develop a winning culture and a winning team. There is a bright future ahead of this team.  A lot of young, great hockey players here and on the way … a fan base that's passionate about the game of hockey.

— Dan Bylsma after being introduced as new coach of the Buffalo Sabres