The NHL announced the newest salary floor, midpoint, and cap for the 2015-2016 season at noon on Tuesday. The screencap below shows that the cap has risen by 3.47% (the second-smallest increase the League has seen since the salary cap era) to a total of $71.4 million, with a floor of $52.8 million and an adjusted midpoint of $62.1 million.
Gentlemen, start your #NHL payrolls: pic.twitter.com/L2YVYbFj3t
— Dave Stubbs (@Dave_Stubbs) June 23, 2015
This increase means that the players used their full 5% escalator, giving 5% of their salaries back to the League in order to increase the cap for their teams.