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NHL Salaries

2023-24 NHL Salary Cap: Divisional Breakdown

Mark Easson 08/06/2023
1 Min Read
NHL salary cap: A look at each teams current salary cap situation for the upcoming 2023-24 NHL season, and broken down by division.
Mar 11, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs center Auston Matthews (34) battles with Edmonton Oilers center Connor McDavid (97) during the first period at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY Sports
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The salary cap ceiling is set at $83.5 million the lower limit is set at $61.7 million for the 2023-24 NHL season. It was a modest jump of $1 million for this season, but for 2024-25 it’s expected to raise close to $4 million.

Teams can carry a maximum of 23 rosters players and a minimum of 20 players.

Projected team numbers below do include players who will be placed on LTIR when the season begins. Players like Carey Price, Brent Seabrook, Jake Muzzin and Matt Murray.

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TAGGED:2023-24 NHL Salaries2023-24 NHL salary capNHL Salary Cap

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

2024-25 Critical Dates

June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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