2023-2024 Salary Cap
Jun 27, 2023 15:39:49 GMT -5
Florida Panthers, Utah Hockey Club, and 1 more like this
Post by Philadelphia Flyers on Jun 27, 2023 15:39:49 GMT -5
The VHL Salary Cap for the 2023-2024 season will remain the same.
Upper Limit: $82,500,000
Lower Limit: $61,000,000
Max Allowed Cap Retention: $16,500,000 (20% of the cap)
In accordance with the rule below:
Salary Cap in future seasons
11.2 The VHL salary cap and salary floor will always mimic the NHL's cap in the VHL's following season.
I know our cap raised last summer to match the recent NHL season, which should not have happened.. I raised it pre-maturely, which a couple GMs at the time brought to my attention after the fact..
Once I announced the increase, teams began making moves, and it was too late to back-track. I want to blame covid for keeping our cap stagnated for a couple seasons and for that reason I thought the increase at the time made sense, but in hindsight we have always been a year behind the NHL in terms of ratings and salary cap. So we'll be correcting it and keeping it a year behind the NHL's as it's always been.
Upper Limit: $82,500,000
Lower Limit: $61,000,000
Max Allowed Cap Retention: $16,500,000 (20% of the cap)
In accordance with the rule below:
Salary Cap in future seasons
11.2 The VHL salary cap and salary floor will always mimic the NHL's cap in the VHL's following season.
I know our cap raised last summer to match the recent NHL season, which should not have happened.. I raised it pre-maturely, which a couple GMs at the time brought to my attention after the fact..
Once I announced the increase, teams began making moves, and it was too late to back-track. I want to blame covid for keeping our cap stagnated for a couple seasons and for that reason I thought the increase at the time made sense, but in hindsight we have always been a year behind the NHL in terms of ratings and salary cap. So we'll be correcting it and keeping it a year behind the NHL's as it's always been.
