Wednesday, June 28, 2006

Save a little, spend a little in the NHL

There's a bit more to spend for next season as the NHL's Cap rises by five million dollars. Tuesday the league office and the NHLPA announced that the team by team cap for 2006-07 will be 44 million dollars.

Teams will have to spend at least 28 million dollars on salaries in the coming season, with the midpoint expected to be 36 million.

It's good news for the players, who not only see their potential salaries increasing, but they also will see a decrease in the escrow account that was introduced at the end of the NHL lockout last year.

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