NHL News: 2009-2010 Salary Cap Announced
by Jim Schmiedeberg on Jun 29, 2009 4:00 PM EDT
in NHL News
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Missed this one on Friday while I was traveling. Here is the cap info release from the NHL:
TORONTO/NEW YORK (June 26, 2009)-The National Hockey League Players' Association and the National Hockey League announced today that the Team Payroll Range established for the 2009-10 League Year, pursuant to the Collective Bargaining Agreement, provides for a Lower Limit of $40.8 million, an Adjusted Midpoint of $48.8 million and an Upper Limit of $56.8 million.
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I don't get it...
From what I read the increase was supposed to be 5% of this years cap…which would have been 2,840,000. Instead its raised only 100,000. (On a side note I looked in the 2005 CBA and there is no mention of the salary cap.)
well its better than a decrease, which was rumored as well
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