Sports

NHL salary cap jumping to $70.2 million

NEW YORK — The NHL salary cap is going up, allowing teams to spend about $6 million more on players this season.

Before opening labor talks, the league and the NHL Players’ Association announced the cap has been set at $70.2 million. That’s a significant jump from last year’s cap of $64.3 million, and continues the trend of increases since the cap system was established in 2005.

Advertisement

The minimum teams can spend on payroll is also rising, going up from $48 million to $54.2 million.

The announcement comes as the league prepares to open its free-agency period Sunday.

It’s unclear what effect labor talks will have on the salary cap. The two sides are opening talks this week in a bid to reach a new deal before the current CBA expires Sept. 15.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com