Just a reminder the cap did not JUST freeze. Every year at the trade deadline the NHL provides guidance on what to expect the cap will be for the following year. Then they make the official public announcement shortly after. The guidance is based on current and expected revenues for that season. It provides organization to plan current and future cap allocations
After the Pageau trade deadline the NHL had already announced one of the highest cap increases for the following season. Approximately two weeks later they retracted that due to COVID shutdown.
It’s understandable that the NHL retracted. As it’s understandable that teams like the Isles expected an additional 3m team and a total 90m+ of cap space throughout the NHL for the following year.
Range likely to be between $84 million and $88.2 million; CBA talks continue
www.nhl.com
Ah, March 4th, 2020… how little we knew the world was about to implode! Short sided stupid Lou!