Just a note on the GM meetings -
Arizona + expansion - Arizona will get figured out and expansion is coming again. If Arizona, gets their land to build a new arena in northern Phoenix, then the league will announce expansion - first Salt Lake probably in 2027 and then Atlanta 3.0 a season later. I believe eventually, the league will get to 36 teams by 2030. Expansion fees will be 1 billion for each team... what does this all mean? more revenue.
Bettman said projections were spot on and they expect HRR to be 6.2 billion. Some have wondered if that would mean a bigger hike to the CAP next year. There is an MOU btw PA and NHL that says the CAP cannot increase more than 5%, which means 87.65 will be the CAP, unless 6.2 in revenue inspires the owners and players to ignore the 5% to keep everything up to 50% share. The 2025 cap will most likely go up the max of 5% which means the 2025-26 cap will be at or just over 92 m.
Also, worth mentioning is that the CBA expires in the summer 2026, there is nothing that should stop hockey, but it could mean a HUGE jump in the CAP, especially with new TV deals, expansion, no more player debt, and the escrow issue solved... we could see a cap of 100m for 2026-27 season.