The Premier Hockey Federation is doubling down on women's hockey by announcing plans to increase its salary cap to $1.5 million per team for the 2023-24 season in a bid to deepen its talent pool by offering players an opportunity to earn a living wage.
The increase, announced Wednesday morning, will double each team's current cap of $750,000 this season and is part of a three-year, $25 million commitment approved by the league's board of governors 11 months ago. The PHF consists of seven franchises, though commissioner Reagan Carey told The Associated Press that expansion is once again being considered after the league added a team in Montreal this season.