'The salary cap is expected to be between $37 million and $39 million, but it will also include a salary floor of about $24 million. Teams previously drowning in red ink now know that 54 percent of league revenues will be tied to player costs. Players will get their money, but it will be a smaller, more reasonable amount given hockey's place among major professional sports. Conversely, teams will be forced to spend.'
A brand-new NHL
Source: Buffalo News