When the final salary cap was announced earlier in the year, it gave a lot of NHL teams reasons to groan. The cap only went up $2.4 million over last season ($69 to $71.4 million US), an increase of only 3.4 percent. That’s the smallest percentage increase in the salary cap in the history of the cap. (Courtesy of Gary Bettman and the 2004-05 lockout.)
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There’s no doubt that the sagging Canadian dollar definitely hurt several NHL teams. Poor cap control hurt several more. The Boston Bruins had to refit their squad, taking on several cheaper, less known players while signing away supposedly franchise players like Milan Lucic and Dougie Hamilton.