Early projections from the National Hockey League suggest we could see significant increases to the league&#8217;s salary cap for the 2024-25 season.

As noted by Daily Faceoff&#8217;s Frank Seravalli, league commissioner Gary Bettman said at the NHL&#8217;s Board of Governors meetings they had a &#8220;very preliminary&#8221; projection for next year&#8217;s salary cap to be between $87-to-$88-million.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
At <a href="https://twitter.com/hashtag/NHL?src=hash&amp;ref_src=twsrc%5Etfw">#NHL</a> Board of Governors meeting in New York, commissioner Gary Bettman says “very preliminary” projection of salary cap for 2024-25 is “$87 to $88 million.”
&mdash; Frank Seravalli (@frank_seravalli) <a href="https://twitter.com/frank_seravalli/status/1709674140066607211?ref_src=twsrc%5Etfw">October 4, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<hr />
<h2 style="text-align: center">THE NHL NOTEBOOK IS PRESENTED BY BETWAY</h2>
<img loading="lazy" decoding="async" class="aligncenter wp-image-122158 size-full" src="https://publish.oilersnation.com/wp-content/uploads/2022/10/Betway-Article-Image.jpeg" alt="" width="740" height="222" srcset="https://publish.oilersnation.com/wp-content/uploads/2022/10/Betway-Article-Image.jpeg 740w, https://publish.oilersnation.com/wp-content/uploads/2022/10/Betway-Article-Image-300x90.jpeg 300w" sizes="(max-width: 740px) 100vw, 740px" />
<hr />
It would be a marked increase above the league&#8217;s $83.5-million upper limit that&#8217;s in place for this season. Projected for a roster size of 21 players, the Oilers have just $382,499, according to <a href="https://puckpedia.com/team/edmonton-oilers">PuckPedia</a>. Accounting for a salary cap of $87.5-million, the Oilers would have roughly $12.3-million in cap space this offseason, according to <a href="https://www.capfriendly.com/teams/oilers">CapFriendly.</a>
When this season expires, the Oilers will have a number of contracts to take care of. Hitting unrestricted free agency will be NHL forwards Warren Foegele, Mattias Janmark, and Connor Brown, while AHL&#8217;ers on expiring NHL deals include Seth Griffith, Brad Malone and Greg McKegg. On the blueline, Vincent Desharnais will be the lone UFA.
Edmonton will have some restricted free agents to deal with, too. Forward Dylan Holloway, Raphael Lavoie, Carter Savoie, and James Hamblin will need new deals, as will defencemen Markus Neimelainen, Phillip Broberg, Noel Hofenmeyer and Cam Dineen.
While Jack Campbell and Stuart Skinner remain under contract, all of Calvin Pickard (UFA), Ryan Fanti (RFA) and Oliver Rodrigue (RFA) will need new deals.
It&#8217;s worth noting that some of that future cap space — $3.225-million, to be exact — is already earmarked for Brown next season. While he signed a one-year contract with the Oilers for this season carrying a cap hit of $775,000, he has that $3.225-million in the form of a performance bonus for playing 10 games this season.
<hr />
Zach Laing is the Nation Network’s news director and senior columnist. He can be followed on Twitter at <a href="http://www.twitter.com/zjlaing">@zjlaing</a>, or reached by email at zach@oilersnation.com.
<hr />

Early projections from the National Hockey League suggest we could see significant increases to the league's salary cap for the 2024-25 season.



As noted by Daily Faceoff's Frank Seravalli, league commissioner Gary Bettman said at the NHL's Board of Governors meetings they had a "very preliminary" projection for next year's salary cap to be between $87-to-$88-million.

https://twitter.com/frank_seravalli/status/1709674140066607211

<hr />

<h2 style="text-align: center">THE NHL NOTEBOOK IS PRESENTED BY BETWAY</h2>
<img class="aligncenter wp-image-122158 size-full" src="https://publish.oilersnation.com/wp-content/uploads/2022/10/Betway-Article-Image.jpeg" alt="" width="740" height="222" />


<hr />

It would be a marked increase above the league's $83.5-million upper limit that's in place for this season. Projected for a roster size of 21 players, the Oilers have just $382,499, according to <a href="https://puckpedia.com/team/edmonton-oilers">PuckPedia</a>. Accounting for a salary cap of $87.5-million, the Oilers would have roughly $12.3-million in cap space this offseason, according to <a href="https://www.capfriendly.com/teams/oilers">CapFriendly.</a>

When this season expires, the Oilers will have a number of contracts to take care of. Hitting unrestricted free agency will be NHL forwards Warren Foegele, Mattias Janmark, and Connor Brown, while AHL'ers on expiring NHL deals include Seth Griffith, Brad Malone and Greg McKegg. On the blueline, Vincent Desharnais will be the lone UFA.

Edmonton will have some restricted free agents to deal with, too. Forward Dylan Holloway, Raphael Lavoie, Carter Savoie, and James Hamblin will need new deals, as will defencemen Markus Neimelainen, Phillip Broberg, Noel Hofenmeyer and Cam Dineen.

While Jack Campbell and Stuart Skinner remain under contract, all of Calvin Pickard (UFA), Ryan Fanti (RFA) and Oliver Rodrigue (RFA) will need new deals.

It's worth noting that some of that future cap space — $3.225-million, to be exact — is already earmarked for Brown next season. While he signed a one-year contract with the Oilers for this season carrying a cap hit of $775,000, he has that $3.225-million in the form of a performance bonus for playing 10 games this season.

<hr />

Zach Laing is the Nation Network’s news director and senior columnist. He can be followed on Twitter at <a href="http://www.twitter.com/zjlaing">@zjlaing</a>, or reached by email at zach@oilersnation.com.

<hr />

Recent articles from Zach Laing

Breaking News