NHL raises salary cap for next season

11:34 AM, Jun 28, 2012   |    comments
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New York, NY (Sports Network) - The National Hockey League on Thursday announced a salary cap increase of $5.9 million to a total of $70.2 million for the 2012-13 season.

All 30 teams must spend at least $54.2 million, with an adjusted midpoint of $62.2 million.

The free agency period for the NHL begins on July 1.

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