Due to increased advertising revenue, the NHL is working to increase the wage cap, but fans and players remain concerned that the increase does not live up to expectations.
The league is considering raising a small $1 million cap, with room for more modifications. Players must pay the guarantee, and because of their $70 million in debt, this prevents the cap from being increased.
How and why the NHL salary cap is still seeing a larger increase this season
You’ll most likely only run into $1 million, but that’s why NHLPA CEO Marty Walsh won’t “slam the door” on more.
How and why the NHL salary cap is still seeing a larger increase this season
You’ll most likely only bump into $1 million, but that’s why NHLPA CEO Marty Walsh won’t “slam the door” any more. https://t.co/6w8DUDCCWV
– Joe Smith (JoeSmithNHL) June 8, 2023
Star players who want to stay with their teams are facing difficulties due to the financial hardships of the owners, which also affects the fans. Gary Bateman did not solve the leadership problem.