The mixture of a new U.S. television deal and the Seattle Kraken joining the league could lead to the NHL salary cap ceiling rising for the first time since 2019.
According to Daily Faceoff’s Frank Seravalli, the league has projected a $1 million rise in the cap ceiling for the 2022-23 season. If that becomes a reality, it would be the first increase since the upper limit rose from $79.5 million in 2018-19 to $81.5 million for 2019-20.
Due to the hit the COVID-19 pandemic put on hockey-related revenues (HRR), the cap ceiling has stayed at $81.5 million for the pst two seasons and will remain there for 2021-22. This has also led to NHL players owing owners approximately $1 billion in escrow, which means the cap crunch is likely to continues a few more years.
A rise to $82.5 million in 2022-23 would likely trigger the start of a ‘lag formula,’ as agreed upon in Collective Bargaining Agreement negotiations between the NHL and NHL Players’ Association in 2020, that could see the salary cap climb $1 million each offseason until the escrow balance owed to owners is paid off.
Provided that revenue bounces back strongly in 2022-23, starting at $5.4 billion and reasonably increases year-over-year from there, NHL players can hope to pay off their billion dollar debt some time during the 2025-26 season. Because of that, the Collective Bargaining Agreement is likely to automatically extend through 2026-27, which would also mark the first season that players and teams could reasonably expect to realize a significant increase in the salary cap, with the cap linked back to actual revenue projections again for the first time since 2019-20.
The NHL and NHLPA agreed to a new CBA through the 2025-26 season last summer before they finalized the Return to Play plan.
While a $1 million rise wouldn’t be monumental, the inclusion of multiple outdoor games, the return of the All-Star Game, and the potential for more arenas to welcome back full crowds next season could help ease such a cap crunch as time goes on.
Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at firstname.lastname@example.org or follow him on Twitter @Sean_Leahy.
VANCOUVER, British Columbia — Vancouver Canucks right wing Ilya Mikheyev is set to have season-ending surgery on his left knee.
Canucks general manager Patrik Allvin said Friday night the 28-year-old Russian forward tore the anterior cruciate ligament in his left knee in the team’s first preseason game Sept. 25. Mikheyev will undergo surgery next week and is expected to be ready for training camp in the fall.
Mikheyev was originally listed as week-to-week with the injury and played 45 regular-season games, finishing with 13 goals and 15 assists. He scored in his final appearance Friday night, a 5-2 home victory over Columbus.
Mikheyev signed a four-year, $19 million contract as a free agent last summer.
Toronto Maple Leafs center Auston Matthews will miss at least three weeks with a sprained knee.
The team announced the reigning MVP’s anticipated absence Friday, two days after Matthews was injured in Toronto’s victory against the New York Rangers.
Matthews is expected to miss at least six games and could be out for a few more. The timing of the injury coinciding with the NHL All-Star break and the Maple Leafs bye week prevents this from costing Matthews more time out of the lineup.
After being voted an All-Star by fans, Matthews is now out of the event scheduled for Feb. 3-4 in Sunrise, Florida. The league announced Aleskander Barkov from the host Florida Panthers will take Matthews’ place on the Atlantic Division All-Star roster.
Matthews, who won the Hart Trophy last season after leading the NHL with 60 goals, has 53 points in 47 games this season.
MONTREAL — Montreal Canadiens winger Cole Caufield said Friday he wouldn’t be having season-ending surgery on his right shoulder if the team were in playoff contention.
But with the Canadiens near the bottom of the Eastern Conference standings, the 22-year-old Caufield said he decided to have the surgery to protect his long-term health. The procedure is scheduled to be performed by Dr. Peter Millett on Wednesday.
“I didn’t want to stop playing,” Caufield said. “I had a couple tests done to look at it more clearly but, in the end, like it could’ve been one more fall and it could have been even worse.”
Caufield, who leads the Canadiens with 26 goals in 46 games, had three different medical opinions on his shoulder before concluding that his season was over.
“I think they’ve seen a lot more than I have and they know the differences and what they like or don’t like about it,” he said about the medical opinions. “Long term, I think this is what’s best but for sure it was tough to sit out that game against Toronto on Saturday night.”
Caufield initially felt the injury in an awkward fall during Montreal’s 4-2 loss at Dallas on Dec. 23. He said his right shoulder popped, and he replaced it himself.
Caufield felt it again in the Habs’ 4-3 loss at Nashville on Jan. 12. The club announced on Jan. 21 that Caufield would miss the rest of the season.
Caufield is nearing the end of his three-year, entry-level contract and will be a restricted free agent this summer.
SEATTLE — Seattle Kraken rookie All-Star Matty Beniers will miss the team’s final two games before the All-Star break after taking a big hit from Vancouver’s Tyler Myers earlier this week.
Seattle coach Dave Hakstol said after morning skate Friday that Beniers would not play Friday night against Calgary or Saturday against Columbus. Hakstol did not speculate on Beniers’ availability for next weekend’s All-Star Game in Florida.
The team has not specified what kind of injury Beniers sustained from the hit. He was barreled over by Myers away from the play early in the second period in Wednesday’s 6-1 victory over Vancouver. Myers was penalized for interference on the play. Beniers returned briefly for one shift later in the period but did not play in the third period.
Beniers is Seattle’s lone All-Star selection this season. He leads all rookies in goals (17) and points (36), and is fifth in total ice time for rookies.
Seattle also placed defenseman Justin Schultz on injured reserve and recalled forward Max McCormick from Coachella Valley of the AHL. Hakstol said Schultz is improving but there’s no timeline on his return.