NHL players can expect to see their paychecks increase in 2018-2019 thanks to the NHLPA’s “guideline” on salary caps and an increase in the maximum salary cap.
The guideline, which is set to be in place in the 2018 NHL season, will increase the minimum salary cap to $65 million from $62 million.
The NHLPA said in a release that the guideline was set to take effect on Dec. 1.
Players who qualify for the guideline will earn between $4.1 million and $4,936,000 per season.
The league also confirmed that the salary cap will be $70 million next season.
The average cap for all 30 NHL teams in 2018 is $72 million.
Players will also receive a raise in salary cap incentives for the first time in two seasons.
The minimum salary for the top three players in each of the three divisions will be raised from $7.75 million to $8.25 million.
That will increase to $9.75 milion in 2019-2020.
The top player in each division will also get an increase of $1.5 million.
A player earning $1 million will receive an increase from $3.25 milion to $3 million in 2019.
The maximum salary for a player earning more than $6 million will be increased from $9 million to about $10 million.
The salary cap also increased to $70.75-$73 million from about $69 million.