SHARE
Round 2
Round 3
Stanley Cup Final

NHL sets 2014-1'5 salary cap at $69 million, floor at $51 million

Friday, 06.27.2014 / 5:45 PM / News

The Canadian Press

Share with your Friends


NHL sets 2014-1'5 salary cap at $69 million, floor at $51 million

PHILADELPHIA - The salary cap for the 2014-'15 NHL season has been set at US$69 million, lower than many big-budget teams had hoped.

The league and Players' Association announced the upper limit and $51-million floor Friday, a little over two hours before the start of the draft.

Original projections at December's board of governors meeting were in the neighbourhood of $71 million. But the value of the Canadian dollar was believed to lower that.

The 2013-'14 cap was $64.3 million and the floor was $44 million.

Quote of the Day

I was going nuts and I saw [Subban], he was going crazy, and the ref had no idea where to go. [Subban] was skating to me, and I was skating to him and the ref was right in between us and I don't know, I kind of hit him pretty hard, I thought, but those were some emotions and I'm pretty sure he understands that.

— Montreal forward Alex Galchenyuk on the celebration following his OT goal against Ottawa in Game 2