NHL salary cap could exceed $70 million next season

NHL salary cap could exceed $70 million next season
June 9, 2014, 9:45 am
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The NHL had a banner year after a lockout shortened season in 2012-13, taking in approximately $3.7 billion. (AP IMAGES)

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It’s no secret that business is booming for the NHL but the numbers are looking a bit better than expected.

Chris Botta of Sports Business Journal reports the league’s national revenue hit $3.7 billion. Botta adds that the new Canadian television deal that kicks in next season will likely bring those totals over $4 billion next near.

[RELATED: Report: Maple Leafs, others interested in Joe Thornton]

With that kind of haul and how it’s linked to the league’s salary cap, the original conservative estimate of just under $70 million is likely wrong and James Mirtle of The Globe And Mail points out the cap will likely be around $70.6 million for next season, which is closer to an estimate that was made in December.

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