Vancouver Canucks receive significant news about salary cap situation following new report
Vancouver Hockey Daily has no direct affiliation to the Vancouver Canucks, NHL or NHLPA
Photo credit: David Kirouac-Imagn Images
The Vancouver Canucks have received some significant news about their salary cap situation in the years ahead following a new report from NHL agent Allan Walsh.
“The NHL and NHLPA are forecasting significant salary cap bumps on the current $88M ceiling in the coming years. It’s a great time to be hitting free agency.
2025-26: $95.5M
2026-27: $104M
2027-28: $113.5M” NHL insider Chris Johnston shared back in January of 2025.
Of course, things can change and while the league doesn’t officially make the follow season’s salary cap known until the spring or around the draft, it looks like for the 2028-29 campaign, the Vancouver Canucks and other teams around the NHL are going to get a major boost.
NHL agent Allan Walsh reveals big salary cap news for the Vancouver Canucks
According to prominent player agent Allan Walsh, he’s hearing that the National Hockey League’s salary cap could rise to $123 million USD for the 2028-29 season thanks to HRR projections and if that does happen, it’ll be a $27.5 million increase from where the cap it at the moment.
“Analyzing NHL HRR projections and the current revenue slack that exists in the system, hearing the NHL is projecting a Salary Cap Upper Limit of approx $123M in 2028-29. We are currently at $95.5M. (That’s an almost $30M rise of the Cap within 3 years).” Walsh said on X.
The Canucks don’t have any salary problems at the moment and as of today, are $13.8 million under the cap thanks to trades made by Patrik Allvin before the deadline, notably Conor Garland to Columbus and Tyler Myers to Dallas, although he retained 50 percent on the latter.
In the years to come, when some of their prospects are exiting their entry-level contracts, such as defenseman Tom Willander, this boost in the salary cap will help the Vancouver Canucks significantly and will give them more money to work with in negotiations and if they want to bring in a veteran piece or two for the latter stages of their rebuild.
Another area this will help is with Elias Pettersson’s contract because as things stand at the moment, his deal takes up 12.1 percent of Vancouver’s salary cap, but should it jump to $123 million in 2028-29, that percentage will drop to 9.4.
Previously on Vancouver Hockey Daily
POLL
09 MINUTES AGO|1 ANSWERS
Vancouver Canucks receive significant news about salary cap situation following new report
Do you think the Vancouver Canucks will spend to the salary cap ceiling during their rebuild?