Gary Bettman

NHL sets salary cap at $69 million for next season


Just hours before the first pick was revealed at the 2014 NHL Entry Draft, the league had an announcement of its own — the salary cap for 2014-15 will rise to $69 million.

From the NHL:

The National Hockey League and the National Hockey League Players’ Association today announced that the Team Payroll Range established for the 2014-15 League Year, pursuant to the Collective Bargaining Agreement, provides for a Lower Limit of $51 million, an Adjusted Midpoint of $60 million and an Upper Limit of $69 million.

This is a bump from the $64.3 million teams worked under last season, but lower than some expected — several pundits thought the figure would be at least $70M. Because of that, we could see less fluidity in the trade and free agent markets than expected, which would be a shame as both have been filled with rumors and speculation leading up to the draft.

To get a sense of what the $69M figure does to the NHL’s 10 highest payrolls, check out this (courtesy CapGeek):



Kings, NHLPA announce settlement in Richards grievance

Los Angeles Kings v New York Rangers

The Los Angeles Kings announced today that they have “reached an agreement with Mike Richards to resolve the grievance filed in relation to the termination of his NHL Standard Players Contract. The terms are agreeable to all parties.”

The club said that it will not be commenting further “on the terms” of the settlement.

The NHLPA released a similar statement.

It was reported earlier in the week that a settlement was close to being reached; however, it wasn’t clear what salary-cap penalties the Kings would incur.

We’re starting to find out some details now:

How the final numbers differ from what the Kings would have incurred if they’d bought Richards out will be interesting to see. And if there are differences, how will they be justified?

Stay tuned.

Report: Ex-NHLer Aaron Ward arrested for ‘assault on a female’ (Updated)

Brad May, Kevin Hodson, Jiri Fischer, Aaron Ward

Aaron Ward, a 16-year NHL veteran that appeared in over 800 career games, has been arrested for “assault on a female,” per WNCN.

Ward was arrested on Friday in Cary, North Carolina and also charged with interfering with emergency communication, according to the report.

Currently working as an analyst for TSN, Ward spent five years of his career in Carolina, helping the ‘Canes capture the Stanley Cup in 2006.

Update: Per WRAL, Ward’s wife called 9-1-1 after the two had a confrontation around 1 p.m. ET. Police confirmed Ward was arrested at his home in Cary.

According to the warrant for his arrest, he took away his wife’s phone.

Because of the nature of his charges, Ward will spend a mandatory 48 hours in the Wake County jail. Anyone arrested on a domestic violence charge is held for 48 hours before bail is set.

And here’s a statement from TSN: