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Wilderness Walk: NHL salary cap can increase by $4 million this summer

It’s a Wednesday morning and the Minnesota Wild are not playing tonight, but that doesn’t mean that there isn’t anything in the news relevant to them. Actually, the recent NHL news might be the most relevant to them.

According to reports of what transpired at the recent Board of Governors meeting in New York City, the NHL salary cap could be increasing by a total of $4 million this summer, far exceeding the original estimate of just $1 million. This will only happen if the escrow balance — the escrow balance is money owed from the players to the owners because revenues dropped during the pandemic, almost entirely due to games without fans.