Salary cap rises again, reaches $70.2 million

Share with others:


Print Email Read Later

The NHL salary cap is going up again, allowing teams to spend about $6 million more on players this season.

Before opening labor talks, the league and the NHL Players' Association announced Thursday that the cap has been set at $70.2 million, a significant jump from $64.3 million last year.

The payroll minimum will rise from $48 million to $54.2 million.

Kings

Stanley Cup champion Los Angeles and playoff MVP Jonathan Quick agreed to a 10-year contract extension. The goalie's new deal is reported to be worth between $50 million and $58 million.

Coyotes

A judge has upheld the Glendale (Ariz.) City Council's vote on an arena lease agreement with the prospective owner of the Phoenix Coyotes. Maricopa County Superior Court Judge Dean Fink rejected claims by conservative watchdog group Goldwater Institute that Glendale should have had open bidding on arena operations for Jobing.com Arena, the home of the Coyotes, rather than accept former San Jose Sharks CEO Greg Jamison's offer.

Hurricanes

Carolina backup goalie Brian Boucher will have surgery soon for an unspecified shoulder injury and will miss 4-6 months.

Bruins

Boston goalie Tuukka Rask has agreed to a one-year, $3.5 million deal that nearly assures he will be the Bruins' No. 1 goalie next season while Tim Thomas takes a year off.

Canucks

Vancouver has agreed to a three-year deal worth $12 million with goalie Cory Schneider, the backup to Roberto Luongo last season. The Canucks reportedly have been trying to trade Luongo.

Predators

Former Penguin defenseman Hal Gill, 37, signed a two-year, $4 million contract to remain with Nashville.

Elsewhere

Alcohol sales have been cleared for Michigan Stadium New Year's Day when the Big House plays host to the Winter Classic between Detroit and Toronto.

penguins

First Published June 29, 2012 12:00 AM


Advertisement

Advertisement
Advertisement

You have 2 remaining free articles this month

Try unlimited digital access

If you are an existing subscriber,
link your account for free access. Start here

You’ve reached the limit of free articles this month.

To continue unlimited reading

If you are an existing subscriber,
link your account for free access. Start here