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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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Hockey means everything to people here [Winnipeg]. They take their team's success to heart. We've had an incredible year and they've given us incredible support.

— Jets center Mathieu Perreault after losing to the Ducks in Game 3 of their playoff series on Monday