TSN-Moderator: Brent Wallace reports that the salary cap has been set for next season at $56.8 million, up about $100,000 from last season. The floor has been set at $40.8 million.
Larry Brooks at the New York Post reports from Montreal:
The NHL players union has voted to trigger the 5-percent escalator on the 2009-10 salary cap, The Post has learned.
This means that the 2009-10 cap will remain within a couple of hundred thousand dollars of last season's figure of $56.7 million.
Hat tip to Kukla's Korner!