FanPost

2008/2009 new cap number is 56.7 million

The NHLPA let slip what the NHL has yet to officially announce at the NHLPA website.  The new cap is 56.7 million dollars.

NEW YORK/TORONTO (June 26, 2008) - The National Hockey League and the National Hockey League Players’ Association announced today that the Team Payroll Range established for the 2008-09 League Year, pursuant to the Collective Bargaining Agreement, provides for a Lower Limit of $40.7 million, an Adjusted Midpoint of $48.7 million and an Upper Limit of $56.7 million.

So, for those teams not named the Bluejackets, Panthers or Predators the new salary cap for 08/09 is 56.7 million.  So Avs fans, get your calculators out and keep an eye on one of my favorite free agent tools (no, not Draft Dodger) at NHLnumbers.

Just for the record, in Bettman's world of cost certainty the NHL salary cap has produced the following:

  • 2005/2006 = 39 million
  • 2006/2007 = 44 million
  • 2007/2008 = 50.3 million
  • 2008/2009 = 56.7 million

As of this year the unrestricted free agent minimum age has been reduced down to 27 years old or seven years played where as previously it was simply any player over 31 years of age.

Anyway, 56.7 is the new play money figure.  Very close might I add, to Pierre Lacroix's magic 60 million dollar number he used for his GM tenure that included rosters with Blake, Bourque, Roy, Foote, Forsberg, Sakic, Hejduk etc...

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