Salary cap rises again, reaches $70.2 million
Share with others:
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.
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.
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.
Carolina backup goalie Brian Boucher will have surgery soon for an unspecified shoulder injury and will miss 4-6 months.
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.
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.
Former Penguin defenseman Hal Gill, 37, signed a two-year, $4 million contract to remain with Nashville.
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.
First Published June 29, 2012 12:00 am