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NHL Governors Meeting Update: 3-on-3 OT, salary cap rises, radical change to All-Star Game

Some preliminary rule changes are coming out of the NHL Board of Governors meeting in Vegas

Earlier today the General Managers' learned the official increase to the NHL salary cap.

From the NHL press release:

The NHL and the NHL Players' Association have announced that the 2015-16 salary cap will increase to US$71.4 million.

That's a $2.1-million increase from this season.

The cap floor — the minimum an NHL team must spend — will be $52.8 million.

The salary cap is determined by hockey-related revenue.

The NHLPA triggered its five-per-cent escalator clause to increase the cap.