The salary cap for the 2018-2019 NHL season was set at $79.5 million and the floor was set at $58.8 million, the NHL and the NHL Players’ Assn. announced Thursday.
The ceiling of $79.5 million is an increase of $4.5 million from the 2017-18 season. The extra room should help teams that have been near the previous limit and have hefty contracts on their books, or teams that are looking to add free agents. The floor is the minimum amount for each team’s payroll.