CBA

How Does NHL Salary Cap Work? Complete 2026 Guide

The 2025-26 NHL salary cap is $95.5 million, rising to $104 million in 2026-27. This complete guide explains the 50-50 Engine formula, LTIR loopholes, the new playoff cap rule, NMC/NTC power, ELC value, and every cap mechanic that drives NHL trades and free agency.