![]() ![]() ![]() The NHL’s draft lottery has been set for May 8 at 7 p.m. When asked to describe what happens in Phase 2, Bettman replied, “You begin the process of winnowing down the number of interested parties, and while you’re reducing the number of parties, you’re hopefully increasing the magnitude of their interest – for those that are remaining.” NHL Draft Lottery “As we get to Phase 2, it’s a matter of weeks,” he told reporters at the end of the league’s general managers’ meetings on Wednesday. Sale Of The Senatorsīettman said the timeline for the sale of the Ottawa Senators is “a matter of weeks” as the league moves on to the next stage of the process. The salary cap also increased by $1 million – to $82.5 million – for the 2022-23 season after sitting at $81.5 million in each of the previous two years. If the NHL and NHLPA discuss/negotiate an agreement to raise the cap more despite the escrow balance not being paid off, the escrow percentage would have to rise from a set number of 6%. That’s great for them, but probably a big stumbling block for league. The Players negotiated a six per cent escrow cap over the last three seasons of the current Collective Bargaining Agreement (CBA). ![]() He added that revenue could exceed projections and see the cap raised higher. Walsh is officially scheduled to start his job with the NHLPA next Monday.īettman noted in December that the $1 million rise is based on current revenue projections, noting players still owe escrow. Gary Bettman said the NHL is willing to discuss a larger salary cap bump than $1M for next season with the NHLPA, but the league needs to see what incoming executive director Marty Walsh wants to do. Brad Treliving, Flames GM, said he and the other GMs aren’t planning to have more space. Salary CapĪccording to Eric Engles, the salary cap doesn’t appear likely to go up by more than a million for next season. Commissioner Gary Bettman also met with the media on Wednesday following the conclusion of the meetings. NHL general managers wrapped up their final day of meetings at the Eau Palm Beach Resort & Spa in Manalapan, Fla on Wednesday. ![]()
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