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Report: 2014-15 salary cap will be ‘upwards of’ $71M

Dec 9, 2013, 8:42 PM EDT

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NHL general managers will look at a salary cap of at least $71 million in 2014-15, TSN’s Darren Dreger reports from Monday’s Board of Governors meetings.

Naturally, keep in mind that Dreger describes this as a projected amount, so there could be a few $100K here and there. Either way, it’s a significant jump from this season’s $64.3 million limit.

To give you a more fun idea of how much of a difference that would make than just spitting out the number $6.7 million, chew on this: a maxed out team could basically afford an extra Nicklas Backstrom with that boost:

(Again, it might not end up being exactly $6.7 million, but it’s a solid estimate and an even better highlight …)

The Globe & Mail’s James Mirtle estimates that this would make for a salary cap floor of $54 million. (NHL.com’s Dan Rosen puts it around $52 million.)

In perhaps the least shocking news of Monday, the NHL’s 30 owners also ratified the league’s new 12-year, $5.2 billion Canadian TV deal with Rogers Communications.

That extra money could very well factor into the cap continuing to climb in 2015-16 and beyond, but we’ll need to wait and see.

For more cap (but not specifically Caps) talk, click here.

  1. killerpgh - Dec 9, 2013 at 8:49 PM

    Good news for a lot of NHL teams. Is the salary floor still 20 million below the max or did that change under the new CBA? Every team but Florida is over 50 million this season, but if that number keep going up then some teams that could be in trouble down the road if/when the cap keeps climbing.

  2. endusersolutions2013 - Dec 9, 2013 at 9:29 PM

    Folks kept on speculating how the Hawks could sign Kane and Toews, wondering if they’d have to choose. Think it’s pretty clear they won’t have to.

    • steelpenbucs87 - Dec 10, 2013 at 9:18 AM

      My hunch is that they’ll get them both under contract, but one thing to be cognizant of is the increased cap means that players will be more aggressive with their negotiation demands. Think of salaries as proportions of the cap rather than dollars and sense. So if you look at a guy like Toews, a comparable player in terms of talent and value might be a guy like Evgeni Malkin. Malkin signed a contract with a $9.5MM AAV, but that was against a $64.3MM cap (or in otherwords, about 14.7% of the total cap). It would then be reasonable for Toews to ask for the same cap percentage, which would translate to about a $10.5MM cap hit.

      This is purely speculation because I believe that Kane and Toews both want to stay in Chicago for the forseeable future and would probably even take discounts to get that done. I’m more just pointing out that a) teams looking to sign/re-sign guys under the new cap will likely have to pony up the dough, and b) teams that locked up guys before the cap increase might benefit more than others.

      • steelpenbucs87 - Dec 10, 2013 at 9:19 AM

        *dollars and cents

        I can right good sometimes to.

      • jcmeyer10 - Dec 10, 2013 at 9:23 AM

        You are right. That’s why I liked the Bergeron and Rask deals for the Bruins. They are too rich for the current cap but under what they might be asking for under a 70 million dollar cap.

  3. mikemaric - Dec 9, 2013 at 9:34 PM

    USD keeps rising though. This will crimp profits for the money-printing Canadian teams and also make it more difficult to relocate a team to Quebec or elsewhere north of the border.

  4. PhillySN - Dec 9, 2013 at 9:45 PM

    …Paul likes this a lot

  5. pavelfitzgerald - Dec 9, 2013 at 10:10 PM

    The USD hasn’t risen that much & the Canadian dollar isn’t in the 60 cent range (not to be confused with 50 Cent) like it was in the mid 90′s.

    Also, Winnipeg, the league’s smallest market with the smallest arena has sold out every game with the 3rd highest ticket prices in the league. Quebec will be fine.

    When is the American TV deal up? They have significantly been poor even with the much larger population. I remember them having a deal with OLN at one point because none of the major networks wanted them. I am hopefully that ratings continue to improve is the States & the NHL can finally get a large American TV deal

    • killerpgh - Dec 9, 2013 at 10:32 PM

      The NHL/NBC tv deal runs through 2020-21.

    • endusersolutions2013 - Dec 9, 2013 at 10:56 PM

      The dilema for Canada is that there is the strongest demand per capita by far. Canada could CLEARLY support more teams. Unfortunately only in the provinces Ontario and east.

      The NHL is already out of balance 16 east, 14 west. Detroit and Columbus would furiously oppose being move back to the WC. Would be detrimental to getting increased TV coverage in the US also.

      For balance reasons (not fairness), the next two cities need to be Seattle and Portland. The only tough decision then is which Alberta team to shift to the Central division.

      This post won’t be liken by Canadians in Ontario or Quebec, but it’s reality.

    • chanceoffleury - Dec 9, 2013 at 11:08 PM

      For real. The fact that all the Cup Finals games are not on broadcast television is so dumb. I can understand if they didn’t want all the playoff games, but I wish all the finals games were on a broadcast network. We aren’t TV watchers at all in my house so we just have basic cable (we get all broadcast stations in hi-def anyway with our package so no use in upgrading to premium cable). But NBCSN doesn’t come with our basic cable package!!!! It’s so annoying. Especially because Root end up blacking out any Pens game that is on NBCSN. Luckily CBC streamed all the games for free last year in the playoffs so I figured out how to bounce my internet off a Canadian VPN and just hooked my laptop up to my TV to get the game in hi-def, but it was just such a pita! I wish NBC offered an NHL package where you could get games streamed even if they are teams already in your market. Because other than buying a cable package for hundreds of dollars a month for maybe what adds up to 10-15 games a year on average, I have no way of watching the games, it is just ridiculous. If they sold a regular season or a playoff package for like $50-100 I would buy it. It’s just such a process to get my internet connected to the Canadian VPN to get the games through CBC. And I can’t do gamecenter. Since the games are already in my market, they get blacked out. I’d avoid the hassle by just forking over some cash if there was another way.

  6. lordfletcher - Dec 9, 2013 at 10:15 PM

    This summer will have some ‘expensive’ trades I think, should be an exciting draft as well!

  7. maria716 - Dec 9, 2013 at 10:56 PM

    Wow. I’m so glad we had that lockout to save the NHL & its teams from going bankrupt. I’m sure next season’s ticket prices will reflect the influx of cash from the tv deal. It’s just a big win-win for everyone!

    • govtminion - Dec 10, 2013 at 12:49 AM

      Right? And then when this CBA is up we can point at how high the salary cap is, and we can do the whole thing all over again because NO ONE LEARNS ANYTHING.

      I hate being a hockey fan sometimes.

  8. remosnozzberri82 - Dec 9, 2013 at 11:06 PM

    Woohoo!! The Rangers will ride again! And prob overspend . But still …..

  9. muckleflugga - Dec 10, 2013 at 2:49 AM

    chanceoffleury

    get yourself an apple tv box…

    apple’s about to bury all the cable companies and those satellite providers unwilling to get on board…believe it, they’re already building the infrastructure

    networks will hurt themselves getting on board

    with apple tv you can get mlb baseball and nhl hockey out of market…commercials are scrubbed, so little in the way of market cross over

    cat’s ass, though i found the baseball dropped out occasionally or came in pixelated on my big screen…no problems on my old mac pro

    netflix for nine bucks a month, can’t beat it for binging on classic television

    soon to bring in showcase and hbo

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