NEW YORK — The NHL salary cap could jump by over $4 million next season if the league meets its revenue projections.
“We believe that there’s a good probability that the escrow will be paid off this season. Which means the flat cap would be replaced by a bigger increase,” NHL commissioner Gary Bettman said after the league’s board of governors meeting Tuesday in Manhattan.
The NHL and NHL Players’ Association signed a new collective bargaining agreement in 2020. They agreed to keep the salary cap flat at $81.5 million until hockey-related revenue surpassed $3.3 billion for the previous season. The salary cap increased for the first time under that CBA this season, up $1 million to $82.5 million.
The “flat cap” was necessary because the players owed an estimated $1 billion in debt to the owners due to the teams’ COVID-19 pandemic revenue losses. When that debt is paid off in full, the cap moves to a “computational cap” linked to revenue. Bettman said he believes that debt could be paid off this season, with the cap rising between $4 million and $4.5 million for the 2023-24 season, which is ahead of schedule.
Bettman said revenues were “pretty vibrant” and that the league did around $5.4 billion in hockey-related revenue last season, which was about a half-billion dollars more than the NHL had projected.
The commissioner said that having the debt fully paid by the end of the season “is going to be close.” If it doesn’t happen, the salary cap will rise by just $1 million for 2023-24.
World Cup’s Russia problem
The NHL expects to hold the next World Cup of Hockey in February 2024, but some of the nations expected to participate are raising protests about the involvement of Russian players.
“The conflict in Ukraine makes it difficult to deal with the Russian issue. We’ve certainly heard from some of the countries who would participate [in the World Cup] that they would have objections about Russian participation,” deputy commissioner Bill Daly said.
The NHL had anticipated some kind of adjustment to the Russian team’s status if Russia’s war on Ukraine was still ongoing at the time of the World Cup. Initially, the hope was that the Russian players would simply play under a neutral name or flag, much like they did in the Olympics after the Russian Olympic Committee was suspended in a doping scandal. But Daly said the other World Cup countries aren’t satisfied by that.
“We considered that as an alternative. Based on what I understand to be the concerns, it doesn’t appear that’s going to be a fix for the other countries,” Daly said.
The NHL said the objections are a “relative fact” in the decision-making process about Russian player participation but that no determination about their status has been made — nor have any plans about the World Cup logistics been finalized with just over a year before the event is scheduled.
Ian Cole investigation
The NHL board of governors wasn’t given a report on the investigation into Tampa Bay Lightning defenseman Ian Cole, but Bettman addressed its potential fallout.
The NHL said Saturday that it found no evidence to substantiate sexual misconduct allegations against Cole, which were made anonymously on social media. The Lightning then reinstated Cole, who had been suspended with pay by the team and missed the first three games.
Bettman said Jared Maples, the NHL’s chief of security, and David Zimmerman, the league’s chief legal officer, “did as comprehensive an investigation that you can do off an anonymous tweet.”
The NHLPA released a statement after Cole was reinstated that said “players should never be subject to suspension or discipline in response to unsubstantiated and anonymous accusations,” and that “removing a player from his team under these circumstances is inappropriate and grossly unfair.”
Bettman said he respected the union’s view on the matter but backed Tampa Bay’s decision to suspend Cole.
“The Lightning decided it might be a distraction in the short term, and clubs are free to do that,” Bettman said.
He said similar situations will be handled on a case-by-case basis in the future.
“At the end of the day, I’m always concerned when allegations are made. But when they’re made anonymously, they’re kind of difficult to deal with,” Bettman said.
AVONDALE, Ariz. — Christopher Bell became the first NASCAR Cup Series driver to win three straight races in the NextGen car, holding off Joe Gibbs Racing teammate Denny Hamlin by 0.049 seconds to win the second-closest race in Phoenix Raceway history Sunday.
Bell started 11th in the 312-mile race after winning at Atlanta and Circuit of America the previous two weeks. The JGR driver took the lead out of the pits on a caution and stayed out front on two late restarts to become the first driver to win three straight races since Kyle Larson in 2021.
The second restart led to some tense moments between Bell and Hamlin — enough to make their team owner feel a bit queasy.
“I was ready to upchuck,” JGR Racing owner Joe Gibbs said.
Bell became the fourth driver in Cup Series history to win three times in the first four races — and the first since Kevin Harvick in 2018. The last Cup Series driver to win four straight races was Jimmie Johnson in 2007.
“We’ve had four races this year, put ourselves in position in all four and managed to win three, which is a pretty remarkable batting average — something that will be hard to maintain, I believe,” Bell’s crew chief Adam Stevens said.
The Phoenix race was the first since Richmond last year to give teams two sets of option tires. The option red tires have much better grip, but start to fall off after about 35 laps, creating an added strategic element.
A handful of racers went to the red tires early — Joey Logano and Ryan Preece among them — and it paid off with runs to the lead before they fell back.
Bell was among those who had a set of red tires left for the final stretch and used it to his advantage, pulling away from Hamlin on a restart with 17 laps left.
Hamlin pulled alongside Bell over the final two laps after the last restart and the two bumped a couple of times before rounding into the final two turns. Bell barely stayed ahead of Hamlin, crossing the checkered flag with a wobble for his 12th career Cup Series win. He led 105 laps.
“It worked out about as opposite as I could have drawn it up in my head,” Bell said. “But the races that are contested like that, looking back, are the ones that mean the most to you.”
Said Hamlin: “I kind of had position on the 20, but I knew he was going to ship it in there. We just kind of ran out of race track there.”
Katherine Legge, who became the first woman to race on the Cup Series since Danica Patrick at the Daytona 500 seven years ago, didn’t get off to a great start and finished 30th.
Fighting a tight car, Legge got loose coming out of Turn 2 and spun her No. 78 Chevrolet, forcing her to make a pit stop. She dropped to the back of the field and had a hard time making up ground before bumping another car and spinning again on Lap 215, taking out Daniel Suarez with her.
“We made some changes to the car overnight and they were awful,” Legge said. “I was just hanging on to it.”
Logano, who started on the front row in his first race at Phoenix Raceway since capturing his third Cup Series at the track last fall, fell to the back of the field after a mistake on an early restart.
Trying to get a jump on Byron, Logano barely dipped his No. 22 Ford below the yellow line at the start/finish. NASCAR officials reviewed the restart and forced the Team Penske driver to take a pass through on pit road as the entire field passed him on the track.
“No way,” Logano said on his radio. “That’s freakin’ ridiculous.”
Logano twice surged to the lead after switching to the red tires, but started falling back on the primary tires following a restart. He finished 13th.
Preece took an early gamble by going to the red option tires and it paid off with a run from 33rd to third. The RFK Racing driver dropped back as the tires wore off, but went red again following a caution with about 90 laps left and surged into the lead.
Preece went back to the primary tires with 42 laps to go and started dropping back, finishing 15th.
The series heads to Las Vegas Motor Speedway next weekend.
The days leading up to the 2025 NHL trade deadline were a furious final sprint as contenders looked to stock up for a postseason run while rebuilding clubs added prospects and draft capital.
After the overnight Brock Nelson blockbuster Thursday, Friday lived up to expectations, with Mikko Rantanen, Brad Marchand and other high-profile players finishing the day on different teams than they started with. All told, NHL teams made 24 trades on deadline day involving 47 players.
Which teams and players won the day? Who might not feel as well about the situation after trade season? Reporters Ryan S. Clark, Kristen Shilton and Greg Wyshynski identify the biggest winners and losers of the 2025 NHL trade deadline:
There are some who saw what the Carolina Hurricanes did at the trade deadline — or perhaps failed to do after they traded Mikko Rantanen — and believe they’re cooked when it comes to the Stanley Cup playoffs. However, based on the projections from Stathletes, the Canes remain the team with the highest chances of winning the Cup, at 16.7%.
Standing before them on Sunday are the Winnipeg Jets (5 p.m. ET, ESPN+). The Jets had a relatively quiet deadline, adding Luke Schenn and Brandon Tanev, though sometimes these additions are the types of small tweaks that can push a contender over the edge. As it stands, the Jets enter their showdown against the Canes with the sixth-highest Cup chances, at 8.7%.
Carolina has made two trips to the Cup Final: a loss to the Detroit Red Wings in 2002 and a win over the Edmonton Oilers in 2006. The Canes have reached the conference finals three times since (2009, 2019, 2023). Winnipeg has yet to make the Cup Final, and was defeated 4-1 in the 2018 Western Conference finals by the Vegas Golden Knights in the club’s lone trip to the penultimate stage.
Both clubs are due. Will this be their year?
There is a lot of runway left until the final day of the season on April 17, and we’ll help you keep track of it all here on the NHL playoff watch. As we traverse the final stretch, we’ll provide detail on all the playoff races — along with the teams jockeying for position in the 2025 NHL draft lottery.
Points: 43 Regulation wins: 12 Playoff position: N/A Games left: 17 Points pace: 54.3 Next game: vs. NSH (Tuesday) Playoff chances: ~0% Tragic number: 8
Race for the No. 1 pick
The NHL uses a draft lottery to determine the order of the first round, so the team that finishes in last place is not guaranteed the No. 1 selection. As of 2021, a team can move up a maximum of 10 spots if it wins the lottery, so only 11 teams are eligible for the draw for the No. 1 pick. Full details on the process can be found here. Sitting No. 1 on the draft board for this summer is Matthew Schaefer, a defenseman for the OHL’s Erie Otters.