Gary Bettman has told owners that 'very preliminary revenue projections' suggest that the cap could rise to between $87 and $88 million for the 2024-25 season.
Bettman and deputy commissioner Bill Daly revealed this past summer that league revenue was expected to reach $6 billion for 2022-23. Bettman added that this larger increase was expected to come as the players finish paying back the $1.1 billion escrow debt they amassed from the pandemic years.
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