NHL Salary Cap By Team

2023-2024 NHL Salary Cap Space

NHL Salary Cap Limit: $83,500,000

NHL Salary Cap Floor: $61,700,000

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Projected Cap Space
Contracts
Retained Left

Atlantic Division

Team	Projected Cap Hit	Projected Cap Space	Active Roster	Playoff %	Retained Left
Boston Bruins	$83,889,987	$-389,987	22/23	0.0%	3
Buffalo Sabres	$76,188,293	$7,311,707	23/23	0.0%	3
Detroit Red Wings	$81,187,224	$2,312,776	23/23	0.0%	2
Florida Panthers	$82,349,390	$1,257,940	22/23	0.0%	3
Montreal Canadiens	$90,715,991	$-7,339,324	23/23	0.0%	1
Ottawa Senators	$85,079,985	$-1,579,985	21/23	0.0%	2
Tampa Bay Lightning	$91,488,757	$-7,988,757	22/23	0.0%	2
Toronto Maple Leafs	$96,596,724	$-13,096,724	23/23	0.0%	3

Metropolitan Division

Team	Projected Cap Hit	Projected Cap Space	Active Roster	Playoff %	Retained Left
Carolina Hurricanes	$81,694,391	$1,805,609	22/23	0.0%	3
Columbus Blue Jackets	$80,368,876	$3,131,124	23/23	0.0%	3
New Jersey Devils	$82,491,146	$1,008,854	23/23	0.0%	3
New York Islanders	$84,311,669	$-802,676	23/23	0.0%	3
New York Rangers	$83,497,786	$47,536	21/23	0.0%	3
Philadelphia Flyers	$82,014,727	$1,510,599	23/23	0.0%	2
Pittsburgh Penguins	$85,338,266	$-1,838,266	22/23	0.0%	2
Washington Capitals	$87,384,311	$-3,884,311	23/23	0.0%	3

Central Division

Team	Projected Cap Hit	Projected Cap Space	Active Roster	Playoff %	Retained Left
Arizona Coyotes	$80,049,292	$3,450,708	21/23	0.0%	3
Chicago Blackhawks	$73,741,046	$9,758,954	23/23	0.0%	2
Colorado Avalanche	$92,142,617	$-8,642,617	22/23	0.0%	3
Dallas Stars	$83,042,829	$457,171	22/23	0.0%	3
Minnesota Wild	$83,758,939	$40,076	22/23	0.0%	3
Nashville Predators	$75,734,130	$7,765,870	21/23	0.0%	1
St. Louis Blues	$83,218,930	$281,070	23/23	0.0%	3
Winnipeg Jets	$81,920,528	$1,579,472	23/23	0.0%	3

Pacific Division

Team	Projected Cap Hit	Projected Cap Space	Active Roster	Playoff %	Retained Left
Anaheim Ducks	$76,262,761	$7,237,239	23/23	0.0%	3
Calgary Flames	$83,161,320	$1,004,743	21/23	0.0%	3
Edmonton Oilers	$84,108,718	$-536,589	22/23	0.0%	3
Los Angeles Kings	$84,943,525	$-1,443,525	21/23	0.0%	2
San Jose Sharks	$81,991,055	$1,508,945	23/23	0.0%	1
Seattle Kraken	$82,035,904	$1,464,096	22/23	0.0%	3
Vancouver Canucks	$87,612,279	$-4,112,279	23/23	0.0%	3
Vegas Golden Knights	$89,210,530	$-5,784,697	23/23	0.0%	3

Team	Projected Cap Hit	Projected Cap Space	Current Cap Space	Active Roster	Playoff %	Retained Left
Boston Bruins	$83,889,987	$-389,987	$712,500	22/23	0.0%	3
Buffalo Sabres	$76,188,293	$7,311,707	$9,956,367	23/23	0.0%	3
Detroit Red Wings	$81,187,224	$2,312,776	$3,149,312	23/23	0.0%	2
Florida Panthers	$82,349,390	$1,257,940	$1,712,940	22/23	0.0%	3
Montreal Canadiens	$90,715,991	$-7,339,324	$2,421,667	23/23	0.0%	1
Ottawa Senators	$85,079,985	$-1,579,985	$148,334	21/23	0.0%	2
Tampa Bay Lightning	$91,488,757	$-7,988,757	$0	22/23	0.0%	2
Toronto Maple Leafs	$96,596,724	$-13,096,724	$2,334,999	23/23	0.0%	3
Carolina Hurricanes	$81,694,391	$1,805,609	$2,458,702	22/23	0.0%	3
Columbus Blue Jackets	$80,368,876	$3,131,124	$4,263,659	23/23	0.0%	3
New Jersey Devils	$82,491,146	$1,008,854	$1,373,758	23/23	0.0%	3
New York Islanders	$84,311,669	$-802,676	$3,975,000	23/23	0.0%	3
New York Rangers	$83,497,786	$47,536	$64,730	21/23	0.0%	3
Philadelphia Flyers	$82,014,727	$1,510,599	$2,056,986	23/23	0.0%	2
Pittsburgh Penguins	$85,338,266	$-1,838,266	$2,750,000	22/23	0.0%	2
Washington Capitals	$87,384,311	$-3,884,311	$7,259,165	23/23	0.0%	3
Arizona Coyotes	$80,049,292	$3,450,708	$4,698,837	21/23	0.0%	3
Chicago Blackhawks	$73,741,046	$9,758,954	$13,288,789	23/23	0.0%	2
Colorado Avalanche	$92,142,617	$-8,642,617	$4,100,000	22/23	0.0%	3
Dallas Stars	$83,042,829	$457,171	$622,530	22/23	0.0%	3
Minnesota Wild	$83,758,939	$40,076	$54,571	22/23	0.0%	3
Nashville Predators	$75,734,130	$7,765,870	$10,574,802	21/23	0.0%	1
St. Louis Blues	$83,218,930	$281,070	$382,733	23/23	0.0%	3
Winnipeg Jets	$81,920,528	$1,579,472	$2,150,770	23/23	0.0%	3
Anaheim Ducks	$76,262,761	$7,237,239	$9,854,964	23/23	0.0%	3
Calgary Flames	$83,161,320	$1,004,743	$1,368,160	21/23	0.0%	3
Edmonton Oilers	$84,108,718	$-536,589	$150,000	22/23	0.0%	3
Los Angeles Kings	$84,943,525	$-1,443,525	$2,643,356	21/23	0.0%	2
San Jose Sharks	$81,991,055	$1,508,945	$2,054,734	23/23	0.0%	1
Seattle Kraken	$82,035,904	$1,464,096	$1,993,663	22/23	0.0%	3
Vancouver Canucks	$87,612,279	$-4,112,279	$2,032,500	23/23	0.0%	3
Vegas Golden Knights	$89,210,530	$-5,784,697	$-11,651	23/23	0.0%	3

What Is the NHL Salary Cap?

The NHL salary cap is the total amount that NHL teams may pay for players. The amount set as the salary cap each year depends on the league’s revenue for the previous season. As it is a 'hard cap,' there are no exemptions. However, if a player is injured and it's thought that they will miss at least 10 NHL games and 24 days in the season, their team can put them on long-term injured reserve (LTIR). By doing so, they can surpass the salary cap.

The salary cap was introduced to prevent teams with the most revenue signing all the top players, which was becoming a problem in the '90s and early 2000s. For instance, by signing a number of top-performing players and significantly spending more than the majority of other teams, the Detroit Red Wings were able to win three Stanley Cups in that time.

This led to the 2004-05 CBA negotiations, during which the entire season was cancelled — the first time a labor dispute has ever caused a cancellation in a major sports league in North America. At the time of the negotiations, teams were spending around 75 percent of their revenues on salaries — much higher than any other North American sports league. Eventually, they agreed to the general structure that remain today, including the mandatory payment to players in US dollars.

The concept of a salary cap is not new to the NHL. One was first introduced during the Great Depression, at which time the salary cap per team was $62,500 and $7,000 per player.

Salary Cap History

Since its reintroduction in the 2005-06 season, the NHL salary cap had risen every year until the pandemic shortened 2020-2021 season:

	2005-2006	$39.0 million
	2006-2007	$44.0 million
	2007-2008	$50.3 million
	2008-2009	$56.7 million
	2009-2010	$56.8 million
	2010-2011	$59.4 million
	2011-2012	$64.3 million
	2012-2013	$60.0 million *
	2013-2014	$64.3 million
	2014-2015	$69.0 million
	2015-2016	$71.4 million
	2016-2017	$73.0 million
	2017-2018	$75.0 million
	2018-2019	$79.5 million
	2019-2020	$81.5 million
	2020-2021	$81.5 million
	2021-2022	$81.5 million
	2022-2023	$82.5 million

*During the 2012-13 season, there was a lockout. The salary cap was set to $60 million, but NHL hockey teams were allowed to spend a pro-rated $70.2 million for the shortened season.

The salary floor (the minimum that a team must spend as a whole) is 85 percent of the salary midpoint. For the 2021-22 season, the cap floor is $60.2 million.

History of the Teams

Originally, there were just six NHL teams, called the Original Six. In the 1967-68 season, six new teams were added. The Original Six formed the East Division and the new six formed the West Division.

In 1974, six more NHL hockey teams joined the league, creating 18 in total. The league then took four teams from the World Hockey Association when it ceased to exist in 1979. With the Cleveland Barons gone in 1978, this brought the total to 21 teams.

There was no further expansion to the league until the '90s. The next new NHL team was the San Jose Sharks in 1991. Another eight were added in the subsequent decade to reach 30 teams by 2000. Finally, in 2016, Gary Bettman, the NHL commissioner, announced that another new NHL team — the Vegas Golden Knights — would join the List of NHL Teams, making 31 teams for the 2017-18 season.

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