The NHL officially released its revised salary cap for the 2015-16 season Tuesday, and it will allow teams to spend up to $71.4 million on player contracts during the upcoming campaign.
According to NHLPA.com, the league also set the salary-cap floor at $52.8 million.
Per former Pittsburgh Post-Gazette writer Shelly Anderson, the cap limit rose higher than initially expected, albeit only slightly:
NHL salary cap for 15-16 unveiled at $71.4M. Had been projected $70-71M. Difference could pay for young forward or defenseman for #Penguins.
— Shelly Anderson (@_ShellyAnderson) June 23, 2015
According to Eric Duhatschek of the Globe and Mail, certainty regarding the cap could be the catalyst needed to open up the trade market ahead of Friday's NHL draft:
NHL salary cap set at $ $71.