NHL: a possible increase in payroll?

NHL: a possible payroll increase?

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The National Hockey League could see its salary cap increase significantly during the upcoming off-season. 

Commissioner revealed Gary Bettman, Tuesday in New York, after a meeting lasting several hours with members of the Board of Governors.

The salary cap could thus rise by $4 million. This possibility is however conditional on the fact that the levies in trust claimed from the players are fully paid by the end of the campaign, a scenario described as “probable” by Bettman.

This would be the first increase above $1 million since 2019. The salary cap had increased from $79.5 million to $81.5 million prior to the 2019-20 season, but had stagnated due to the pandemic. of COVID-19. For the 2022-2023 campaign, payroll increased to $82.5 million.

“We believe there is a good chance that the in-trust collections will be paid by the end of the season,” said Bettman, whose comments were echoed by the National League website. It might not be, but it will be close, which means the salary cap could have a substantial increase.”

A first report on diversity and inclusion

In addition, the National League took advantage of this meeting to table its first report on diversity and inclusion.

In an attempt to be more transparent, the circuit Bettman revealed several statistics that will allow him to further promote hockey to women and visible minorities.

“Over the past few years, the NHL and its 32 teams have accelerated their efforts to promote their sport, particularly to underrepresented audiences,” Bettman said. The information in this report is used to detail the work done and establish metrics that will help quantify our progress. Transparency is essential so that we can hold ourselves accountable to all parties – including players, our business partners, our fans and future fans – to understand the underpinnings of our work to promote safer sport and business. , welcoming and diverse.”

The Bettman circuit witnessed the hiring of its first black general manager this summer, when the Sharks hired Mike Grier. In addition, several women have obtained important roles within the management of certain teams, such as Émilie Castonguay, who has become assistant to the general manager with the Vancouver Canucks.

“There are still several things that we could still improve, but you can't improve until you know your own standards, and that's the beginning of the work ahead of us, explained the executive vice president of legislative affairs, growth initiatives and of NHL Social Impact, Kim Davis. The facts are there, and now we can hold ourselves accountable and know what we need to do to continue to grow our culture and make our sport more accessible and welcoming.”