Sports

NHL Salary Cap Increasing To $71.4 Million For Next Season

/ CBS Texas

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TORONTO (AP) -- The NHL salary cap for the 2015-16 season will be $71.4 million - a $2.1 million increase from this season.

The new figure was announced Tuesday by the league and the NHL Players' Association.

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 5 percent escalator clause to increase the cap.

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

© 2015 CBS Broadcasting Inc. All Rights Reserved.

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