NHL sets Salary Cap @ 56.8 Million

[BillsSabresB.C.T. Fan]

For the first time since the NHL returned from the work stoppage in 2005-06, the League will not see a significant increase in the salary cap.

The NHL and NHLPA agreed Friday -- on the same day the Entry Draft will take place in Montreal -- to set the cap number for 2009-10 at $56.8 million, up just $100,000 from $56.7 million in 2008-09. The floor is $40.8 million and the mid-range limit is $48.8 million.

http://www.nhl.com/ice/news.htm?id=431786

[OpIv37]

Re: NHL sets Salary Cap @ 56.8 Million

what the hell does mid range limit mean?

[OpIv37]

Re: NHL sets Salary Cap @ 56.8 Million

btw this is a good thing. One of the reasons for the lockout was the inability to make enough revenue to keep up with player salaries. The salaries have climbed sharply once again since the lockout, and it's good to see it finally plateauing. Maybe they learned their lesson.