nhl salary cap definition
The lockout was resolved when the NHLPA agreed to a hard salary cap based on league revenues, although the NHL reciprocated by implementing revenue sharing which would allow for a higher cap figure. The NHL salary cap is formally titled the Upper Limit of the Payroll Range in the new CBA.For the 2005â06 NHL season, the salary cap was set at US$ 39 million per team, with a maximum of $7.8 million (20% of the team's cap) for a player.he 1994â95 NHL lockout was fought over the issue of the salary cap. The 1994â95 season was only partially cancelled, with 48 games and the playoffs eventually being played. Although, at the time, six NHL franchises were based in Canada, by the turn of the century nearly all NHL salaries were being paid in U.S. dollars.