NHL

2022 - 6 - 16

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Image courtesy of "Puck Prose"

NHL: Important Dates to Know For the 2022-2023 Season (Puck Prose)

As the NHL began its championships series, Gary Bettman met with the media to announce a few key dates and other information regarding the 2022-2023 season.

As a result, it is anticipated that the salary cap will rise next season. It will be the first time that either event has been in-person since 2019. That alone is a reason to be excited as a hockey fan.

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Image courtesy of "amNY"

Bettman, NHL see record growth ($5.2 billion) in revenue for league ... (amNY)

Tampa Bay Lightning players skate during an NHL hockey practice before Game 1 of the Stanley Cup Finals against the Colorado Avalanche, Tuesday, June 14, ...

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Image courtesy of "Yahoo Sports"

NHL Revenues Rebound to $5.2 Billion on TV Deals and a Full ... (Yahoo Sports)

National Hockey League hockey-related revenues are back to pre-pandemic levels and are expected to exceed $5.2 billion, commissioner Gary Bettman said ...

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Image courtesy of "Front Office Sports"

FOS PM: NHL's Record $5.2B Season - Front Office Sports (Front Office Sports)

NHL commissioner Gary Bettman says the league is set to generate record revenue this season, bringing in at least $5.2 billion.

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Image courtesy of "ESPN"

NHL salary cap set at $82.5 million for next season; first increase in ... (ESPN)

Per the collective bargaining agreement, the NHL and NHL Players' Association agreed to keep the salary cap flat at $81.5 million until hockey-related revenue ...

Bettman said the league is projecting that debt to be paid off in "two, maybe three years." NHL commissioner Gary Bettman said Wednesday that the league is still projecting revenue for this year but that "things are very strong and very solid." The NHL's general managers were informed in March that the cap would only rise by $1 million in 2022-23.

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Image courtesy of "Forbes"

NHL Commissioner Gary Bettman: Thrilling On-Ice Action Is Driving ... (Forbes)

With jam-packed arenas and terrific action on the ice, Gary Bettman says the NHL business is stronger than ever before.

“Our clubs are strong and stable, the strongest and most stable they have ever been. Earlier on Wednesday, the league announced the renewal of its longstanding North American partnership with Pepsico, which will extend past 20 years by the end of this latest agreement. When the league named Hyundai and Genesis as its new Canadian automotive partners last month, NHL senior vice president of North American business development Kyle McMann said that the league now has more than 60 corporate sponsorship deals in place across the world. And the Tampa Bay Lightning repeated as Stanley Cup Champions in front of a season-high 18,110 fans at Amalie Arena on July 7, 2021. On Wednesday, NHL commissioner Gary Bettman said that the league is tracking for record revenues in excess of $5.2 billion for the 2021-22 season. The Tampa Bay Lightning won the Stanley Cup at nearly empty Rogers Place in Edmonton on Sept. 28, 2020 — about two weeks before a normal regular season would have began.

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Image courtesy of "Sportsnet.ca"

NHL, NHLPA announce increase to salary cap for 2022-23 season (Sportsnet.ca)

The salary cap will rise from $81.5 million to $82.5 million ahead of the 2022-23 season, the NHL and NHLPA announced Thursday.

The salary cap, introduced following the 2004-05 lockout, provides a total limit to how much a team are allowed to pay their players. New deals that give media rights to ESPN and Turner Sports are expected to aid in increasing revenues going forward. The salary cap will rise from $81.5 million to $82.5 million ahead of the 2022-23 season, the NHL and NHLPA announced Thursday.

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Image courtesy of "therinklive.com"

Family helps NHL Draft prospect Adam Ingram fulfill his hockey ... (therinklive.com)

They say it takes a village, and the St. Cloud State incoming freshman had his family there from the beginning.

"I can't thank him enough for that, and my mom as well driving me to 7:45 a.m. practices when I'm 8, when I'm 9, when I'm 10. The old saying goes that it takes a village to raise a child. My grandparents, my friends, my family can come out and watch me play probably as much as they want." This past year, Ingram moved away from home for the first time as he joined the Youngstown (Ohio) Phantoms in the USHL. During the 2021-22 campaign, he put up 27 goals and 29 assists in 56 games played. "Growing up in Manitoba you always have a backyard rink," Ingram said. "He started playing hockey before me," Ingram said.

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Image courtesy of "NHL"

NHL salary cap officially at $82.5M for 2022-23 season (NHL)

As expected, the NHL salary cap ceiling will be at $82.5 million for the 2022-23 season. The floor, meanwhile, is at $61M.

- The Bruins ($2.34M), Panthers ($3.074M), Flyers ($5.12M), and Sharks ($5.667M) rank among other teams with less than $6M in estimated space. Naturally, situations can vary based on who teams want to re-sign, and if they may try to trade out of pricey contracts. To little surprise, the Ducks, Sabres, Red Wings, and Coyotes stand out as NHL teams with massive salary cap space. Glancing at Cap Friendly, here are a few teams close to the NHL salary cap ceiling of $82.5M with the free agency and the draft nearing: The NHL and NHLPA confirmed the salary cap for the 2022-23 season as expected: $82.5 million. NHL salary cap ceiling set for $82.5M for 2022-23 season

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Image courtesy of "prohockeyrumors.com"

NHL Officially Announces Salary Cap, Salary Floor For 2022-23 ... (prohockeyrumors.com)

Two effectively retired players have been traded so far this offseason, and the reason for those deals has been simple: the salary cap.

The Sabres and other teams now have certainty on the league’s cap floor, and it’s possible that we see more trades like the recent Ben Bishop deal as rebuilding clubs look to reach the cap floor with as much efficiency and as little real cash paid as possible. Because the NHL and NHLPA have collectively bargained a 50-50 split in terms of the league’s hockey-related revenue, a portion of player salaries are held in escrow and potentially surrendered to the league in order to ensure the integrity of the 50-50 split. While the importance of effectively managing the salary cap is ever increasing, the cap itself is not.

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