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06-26-2008, 03:30 PM
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| Staff  Join Date: Feb 2008
Posts: 8,354
|  NHL raises salary cap
The National Hockey League announced a salary cap increase for the fourth straight year on Thursday. The new cap is set at a maximum of $56.7 million, which is a $6.4 million increase from last season. In accordance with the collective bargaining agreement, the lower limit also rose to $40.7 million, which is the minimum each of the 30 teams must spend on player salaries. There also is an adjusted midpoint of $48.7 million. The most an NHL player can earn in a new contract next season is $11.34 million. The free agency period for the NHL begins on July 1. Continued at My Sportsbook...
__________________  What I Say Goes! Looking for a CREDIBLE Sportsbook that Accepts Credit Cards? Subscribe to Cappers Picks Forums RSS Feed -- HERE Subscribe to Cappers Picks Blog RSS Feed -- HERE Do you use Feedburner? Click Here! Free Picks By Email - Click Here! Twitter? Click Here Last edited by Qbins Missile Crisis; 06-26-2008 at 03:33 PM. |
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