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Salary cap set at $71.4 million for next season, a $2.1-million increase

NHL.com @NHLdotcom

TORONTO - The NHL and the NHL Players' Association have announced that the 2015-16 salary cap will increase to US$71.4 million.

That's a $2.1-million increase from this season.

The cap floor ? the minimum an NHL team must spend ? will be $52.8 million.

The salary cap is determined by hockey-related revenue.

The NHLPA triggered its five-per-cent escalator clause to increase the cap.

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