NHL reveals 14 teams who exceeded the salary cap and will face cap penalties next season
Due to the flat salary cap last season was set at $82,500,000. While the majority of the league didn't exceed that amount there were 14 teams who had bonus overages to account for that could not be covered under last year's cap.
Due to those bonus overages the following teams will be forced to operate under a reduced salary cap this season.
According to Elliotte Friedman the NHL officially informed the following 14 teams that they exceeded the cap.
Vancouver: $1,250,000
Montreal: $1,132,500
St. Louis: $1,100,000
Edmonton: $896,000
Dallas: $675,000
Florida and Los Angeles: $637,500
Philadelphia: $295,000
Islanders: $245,795
Chicago: $237,500
Toronto: $212,500
Carolina: $112,500
Washington: $100,000
Colorado: $25,000
All of these teams will be forced to subtract this total from the current salary cap of $83,500,000.
The practice of exceeding the salary cap is not a new one and usually involves playoff bound teams who spend to the cap at the deadline and are unable to cover the cost of rookie performance bonuses.
|
9 minutes ago | By Tom Banks Panthers Head Coach Paul Maurice Shares Unfortunate Update on Matthew Tkachuk's Return Timeline |
|
2 hours ago | By Tom Banks Brady Tkachuk Sends A Message To The American Fans After An Emotional Four Nations Tournament |
|
13 hours ago | By Graham Montgomery Video Emerges of Drew Doughty Calling out PK Subban For Picking Team USA to Beat the Canadians in the Final |
|
15 hours ago | By Graham Montgomery Don Sweeney Hints that Brad Marchand's Days with the Boston Bruins May be Coming to an End |
|
20 hours ago | By Tom Banks Utah HC Place Former First Round Pick on Waivers |
|
20 hours ago | By Graham Montgomery Don Sweeney and the Bruins Wave the White Flag: GM Hints at Giving up on the Season |
|
21 hours ago | By Tom Banks Devastating News for the Boston Bruins, Top Defensemen Unlikely to Return this Season After Surgery |
|
22 hours ago | By Tom Banks Elliotte Friedman Reveals NHL Teams Pushing for Blockbuster Brother Reunion |
Previously on Bladeofsteel