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NHL News

NHL News: BoG Meetings – Salary Cap, Play-Ins, and the Senators Sale

Mark Easson 12/14/2022
2 Min Read
Updates from the Board of Governors meetings on the NHL salary cap, play-ins, and the sale of the Ottawa Senators.
© Marc DesRosiers-USA TODAY Sports
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The salary cap may only go up by a million next season

Frank Seravalli: NHL commissioner Gary Bettman said that their estimates now have the players owning $70 million in escrow payments at the end of the season. This would mean that the salary cap may only increase by $1 million next season.

Bettman wouldn’t say if they’d be willing to negotiate with the NHLPA for a large increase.

Pierre LeBrun: Bettman said that it is possible that the remaining season revenue could exceed their expectations and maybe the cap could go up more than the $1 million.

Sean Shapiro: If the escrow gets paid off, the cap could go up to “$86 million plus” next season.

Ryan Rishaug: Which teams make the playoffs and the Canadian dollar improving would help increase league revenue.

No play-ins for the NHL

Chris Johnston: Commissioner Bettman said again that he’s not interested in adding a play-in round for the Stanley Cup playoffs.

“You’re looking to fix a problem that doesn’t exist.”

Plenty of interest in buying the Ottawa Senators

Chris Johnston: Commissioner Bettman and deputy commissioner Bill Daly said that they recently met with actor Ryan Reynolds about his interest in being a partner in the next Ottawa Senators ownership group.

Frank Seravalli: Bettman said that more than 12 groups have signed a non-disclosure agreement to get access to look at the Ottawa Senators’ financials. They should be able to look at the numbers soon.

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TAGGED:NHL Salary CapOttawa Senators

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 1-7: NHL Scouting Combine (Buffalo, NY)
June 23rd: Last possible day for the Stanley Cup Final
June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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