As the 2018 National Hockey League entry draft approaches, the league is finishing off some business. A big piece of lingering business was setting the salary cap for the upcoming 2018-19 campaign. The NHL and the NHLPA jointly announced this afternoon that the cap ceiling is set at $79.5 million, with a $58.8 million cap floor.
For the Flames, the $4.5 million cap increase gives them a great deal of financial flexibility headed into this summer. If you look at NHL Numbers (and other, non-Nation affiliated cap sites), the Flames have the majority of their core pieces signed through the 2018-19 season and a lot of cap room.