BOCA RATON, Fla. -- NHL Commissioner Gary Bettman told representatives from the 30 teams Monday an initial projection for the salary cap during the 2015-16 season is about $73 million.
Speaking at the annual December meeting for the Board of Governors, Commissioner Bettman provided the League's early look at what the 2015-16 salary cap should be, contingent on a couple of key factors.
"I went over a series of projections, preliminary, preliminary projections," Bettman said. “Estimates that are not carved in stone, but our best guess based on the information available making lots of lots of assumptions on things like revenue growth in the year and perhaps, as significantly, what may happen with the Canadian dollar. Our best guess, and it's got some variation in it, that if the Canadian dollar stays where it is now for the rest of the season, which is about 88 cents, the cap for next season would be approximately $73 million.
"It's just a guess and it is subject to variation."