• Loading stock data...
Friday, July 18, 2025

NHL’s Salary Cap Rises for First Time in Three Years

  • The cap increase represents a $1 million uptick compared to the 2021-22 season.
  • For the 2022-23 season, the salary floor for each team will be $61 million.
Sergei Belski-USA TODAY Sports

The NHL Salary Cap for the 2022-23 season will be set at $82.5 million, marking the first increase in three years. 

Confirmed by the NHL and NHL Players’ Association, the increase for next season follows unfavorable profits for the league and its teams due to pandemic-related restrictions. 

  • The cap increase represents a $1 million uptick compared to the 2021-22 season.
  • For the 2022-23 season, the salary floor for each team will be $61 million.
  • Starting with the 2023-24 season, the cap could increase by $2 million per year based on hockey-related revenue

The increase comes as commissioner Gary Bettman claims the league is set to generate record revenue this season, bringing in at least $5.2 billion. During the 2018-19 season — the NHL’s last season with a full slate of games — revenue reached $4.6 billion.

Bettman has attributed the record revenue to more scoring, leading to a boost in TV ratings. 

Through the first three rounds of the Stanley Cup Playoffs, the games broadcast on ESPN and ESPN2 have averaged 1.2 million viewers, up 30% compared to the same period last year.

All Eyes on Hockey 

The NHL is benefiting from a pricey media rights deal with ESPN and Turners Sports. After a 16-year run on NBC Sports Network and other Comcast-owned channels, ESPN secured a seven-year deal with the NHL in March 2021, which pays the league $400 million annually.

A month later, Turner Sports acquired the “B” programming package for $225 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Oct 27, 2024; Philadelphia, Pennsylvania, USA; A general view of the Wells Fargo Center before game between Philadelphia Flyers and Montreal Canadiens.

New Philly Arena Will Redefine Home-Court Advantage, CEO Says

The forthcoming venue will arrive with plenty of ambition among its owners.
TSU Hockey at Bridgestone

Tennessee State’s HBCU Hockey Ambitions Delayed at Least a Year

The school will not launch the first-of-its-kind program as intended.
Louis, Missouri, UNITED STATES; Penn State Nittany Lions forward Nicholas DeGraves (17) celebrates with teammates after scoring a goal against the Boston University Terriers during the third period of the Frozen Four college ice hockey national semifinals at Enterprise Center

Gavin McKenna’s Penn State Commitment Cements College Hockey Supremacy

Gavin McKenna’s Penn State decision signals hockey’s rising stars now prefer college.

Featured Today

Jul 21, 2024; Ayrshire, SCT; Xander Schauffele celebrates with Claret Jug after winning the Open Championship golf tournament at Royal Troon.

The Boozy History and Traditions of The Open’s Claret Jug

The Open awards the world’s most famous wine decanter.
2025 PDC World Darts Championship Final - Luke Littler vs Michael Van Gerwen
July 16, 2025

A Teen Darts Prodigy Is Becoming Bigger Than the Game Itself

Luke ‘The Nuke’ Littler is cashing in on his devastatingly accurate shot.
May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive
July 13, 2025

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.
July 12, 2025

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
AA Mint Cards

Young Collectors Are on a High-Stakes Chase for Ultra-Rare Trading Cards

“They just want that excitement of the chase,” says a 23-year-old collector.
Feb 3, 2025; New Orleans, LA, USA; Super Bowl LIX signage at the Hyatt Hotel.
February 4, 2025

New Orleans Home Rentals Skyrocket Around Super Bowl

Short-term rental revenue has already reached $10.5 million.
March 11, 2025

Dick’s Faces Investor Concerns Over Tariffs Despite Record Quarter

The prominent retailer offers an uncertain outlook due to economic challenges.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
November 4, 2024

Super Bowl Ads Sell Out Three Months Early, at Record Price

Ad units are believed to be selling at more than $7 million per 30 seconds.
October 18, 2024

Skechers Wasn’t Cool. Then NBA Stars Started Wearing Them

The brand is not traditionally cool. Embiid, Randle, and others don’t care.
October 17, 2024

Netflix Shares Rise on Strong Earnings As Christmas NFL Games Lie Ahead

The next two months will include the Tyson-Paul fight and the NFL Christmas Day games.