Canadian teams extremely concerned with NHL’s latest announcement!

Earlier on Friday, it was announced that the NHL’s salary cap is expected to rise significantly over the next three seasons, according to projections released by the league and the NHLPA. The salary is expected to jump by $7.5 million to $95.5 million in 2025-26, with a rise to $104 million the following season and $113.5 million in 2027-28.

“Both Clubs and Players have sought a certain level of predictability with respect to Payroll ranges from year to year and over time for advance planning capabilities,” NHL Deputy Commissioner Bill Daly told TSN Hockey Insider Pierre LeBrun. “In reviewing our numbers with the Players’ Association as part of our collective bargaining, we finally felt like we were in a position to give them that.

“It’s not ‘absolute certainty,’ but maybe it’s the next best thing.’

However, it is not the best things for the seven Canadian teams in the league. As insider Frank Seravalli points out, there is a real concern for the Montreal Canadiens, Ottawa Senators, Toronto Maple Leafs, Winnipeg Jets, Calgary Flames, Edmonton Oilers and Vancouver Canucks due to the current and projected value of the Canadian dollar.

“Real concern for (some) Canadian teams moving forward: a $113.5 million USD salary cap in 2027-28 equates to $163.2 million spending in Canadian dollars based on today’s rate.

“How will those teams find a way to significantly generate new revenue to match increase?”

The salary cap for this season sits at $88 million after rising $4.5 million from the previous $83.5 million mark.

Seravalli does bring up an interesting point when it comes to the impact of the salary cap increase in Canada, though some idiots online keep saying that, by then, Canada will have become the 51st state of the United States.

One way to increase revenue for any of the seven Canadian teams would be to win the Stanley Cup, though only one can end on top, and amongst the clubs, the Oilers and Maple Leafs have the better shot, and are also doing well financially speaking at this time.