The NHL and NHL Players' Association officially announced that the salary-cap upper limit for the 2022-23 season is set at $82.5 million, the first time in three years it is increasing.

That's an increase of $1 million over the 2021-22 season. The salary-cap floor for next season will be set at $61 million.

The cap was stagnant for the past three seasons because of the COVID-19 pandemic's effects on league revenues.