Report: 2014-15 salary cap will be ‘upwards of’ $71M

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NHL general managers will look at a salary cap of at least $71 million in 2014-15, TSN’s Darren Dreger reports from Monday’s Board of Governors meetings.

Naturally, keep in mind that Dreger describes this as a projected amount, so there could be a few $100K here and there. Either way, it’s a significant jump from this season’s $64.3 million limit.

To give you a more fun idea of how much of a difference that would make than just spitting out the number $6.7 million, chew on this: a maxed out team could basically afford an extra Nicklas Backstrom with that boost:

(Again, it might not end up being exactly $6.7 million, but it’s a solid estimate and an even better highlight …)

The Globe & Mail’s James Mirtle estimates that this would make for a salary cap floor of $54 million. (NHL.com’s Dan Rosen puts it around $52 million.)

In perhaps the least shocking news of Monday, the NHL’s 30 owners also ratified the league’s new 12-year, $5.2 billion Canadian TV deal with Rogers Communications.

That extra money could very well factor into the cap continuing to climb in 2015-16 and beyond, but we’ll need to wait and see.

For more cap (but not specifically Caps) talk, click here.