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Salary Cap Update

Related Topics: Frank Seravalli, Gary Bettman

As Gary Bettman met the press in Florida for the ASG, he gave some interim figures on the salary cap:

Gary Bettman says that the #NHL is approaching $6 billion in revenue - “give or take.”

Last season was in the neighborhood of $5.4 billion.— Frank Seravalli (@frank_seravalli) February 4, 2023

Both of those numbers are vague for good reasons. The NHL fiscal year ends on June 30, and the process by which teams report their Hockey Related Revenue (HRR), as detailed in the CBA, before the the NHLPA gets a chance to contest it until they ultimately agree on a number takes time.