The NHL and NHLPA have revealed projected salary cap increases over the next three seasons, providing much-needed flexibility for cap-strapped teams. The current $88 million cap is set to rise to $95.5 million in 2025-26, $104 million in 2026-27, and $113.5 million in 2027-28—a total boost of $25.5 million.
For high-spending teams like the Toronto Maple Leafs, this increase is crucial. The Leafs were facing tough decisions regarding their core players, particularly Mitch Marner and John Tavares, both set to become UFAs after this season. The cap hike gives them more breathing room to retain their stars while still adding depth.
Other teams set to benefit include the New York Rangers, who are dealing with multiple RFAs, including K’Andre Miller, and the Edmonton Oilers, who must extend Evan Bouchard and prepare for a major payday for Connor McDavid in 2026. Meanwhile, the Colorado Avalanche and Florida Panthers will also have additional flexibility to re-sign key players and make roster improvements.
As the NHL enters a financial boom, teams and players alike will benefit from a larger cap ceiling, easing roster constraints and fueling competitive balance across the league.