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Gary Bettman hands down salary cap related fines to six NHL teams


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Tom Banks
April 23, 2024  (4:03 PM)
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Gary Bettman, Commissioner of the NHL.
Photo credit: Sporting News

With the playoffs underway, there's several teams in the league that may end up giving out bonuses over the next few weeks, and it's going to cost them big time.

The NHL have some very strict salary cap rules, and while some teams are going outside of those, it's going to cost them, with Insider Frank Seravalli dropping a major bombshell on Tuesday.
Sources: Six #NHL teams will carry at least $1 mil in bonus overage penalties onto next season's salary cap - an all-time high.

Part of that was planned, pre-spending a portion of the projected $4.3m increase. Some wasn't.

Now, CapFriendly have released the list of the teams and exactly why these penalties may be put into place;
* Edmonton's Corey Perry can earn an additional $50,000 each for advancing to Conference Final and Stanley Cup Final.
* New York's Jonathan Quick can earn an additional $25,000 if the Rangers win the Stanley Cup.
* Minnesota's Marco Rossi can earn an additional $212,500 for being voted to the All-Rookie team.
* Boston's Milan Lucic can earn an additional $200,000 if the Bruins win the Stanley Cup.
** Florida's Kyle Okposo can earn an additional $500,000 if the Panthers win the Stanley Cup.
*** Carolina's Jackson Blake can earn an additional $57,500 if he plays in a total of 20 games this season including the Stanley Cup playoffs. The Canes finished this season with $7,050 in cap space.
**** (Neither Carolina nor Florida will have an overage penalty if those things do not come to fruition.)

The Vegas Golden Knights don't find themselves on this list, as bonuses and deferred salary aren't part of the way they operate, but this just goes to show you the hidden costs of looking to build a team to chase the Stanley Cup.
Source: Hockey Feed
Report: NHL hits 6 teams with salary cap penalties
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Gary Bettman hands down salary cap related fines to six NHL teams

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