13 teams to face salary cap penalties for 2024-25 season
The 2024 Stanley Cup Playoffs are fully underway and while everyone is focused on that, there is some business to attend to for the 2024-25 season.
According to Frank Seravalli of Daily Faceoff, 11 teams in the National Hockey League are facing salary cap penalties for the 2024-25 season, with the Edmonton Oilers having the highest amount at $3.45 million and six organizations over $1 million. While two other teams, the Florida Panthers and Carolina Hurricanes, will be penalized if certain performance bonuses are reached.
Part of that was planned, pre-spending a portion of the projected $4.3m increase. Some wasn't." Seravalli said.
The overage penalties these teams are facing stem from performance-based bonuses. For example, because Montreal Canadiens forward Juraj Slafkovsky hit the 20-goal mark this season, the team owed him a $250,000 bonus which has them at $1,022,500.
Let's take a look at the full list for 2024-25 salary cap penalties and it's worth noting that some of these teams are facing further penalties if more performance bonuses are reached.
One example of that is if the Florida Panthers make the Stanley Cup Final, they'll owe Kyle Okposo $500,000. If they don't win, then they won't be facing salary cap penalties next season. For the Carolina Hurricanes, if they are to be penalized by $50,450 next season, they'll need prospect Jackson Blake to appear in 20 regular season/playoff games, which is not likely to happen.
Edmonton Oilers - $3,450,000*Dallas Stars - $2,595,407Washington Capitals - $2,252,500Los Angeles Kings - $1,850,000New Jersey Devils - $1,538,897Montréal Canadiens - $1,022,500Ottawa Senators - $850,000New York Rangers - $512,500*Minnesota Wild - $425,000*Philadelphia Flyers - $245,000Boston Bruins - $50,000*(Florida Panthers) - ($500,000)**(Carolina Hurricanes) - ($50,450)***
| POLL | ||
24 AVRIL | 307 ANSWERS 13 teams to face salary cap penalties for 2024-25 season Should the NHL raise their salary cap be over $90 million for the 2025-26 season? | ||
| Yes | 255 | 83.1 % |
| No | 52 | 16.9 % |
| List of polls | ||
