How is cap space calculated in the NHL?
Cap space is calculated by subtracting a team's total cap hit — including active contracts, dead cap, and retained incoming salary — from the salary cap ceiling. The formula is: Cap Space = Cap Ceiling − (Total Cap Hit + Dead Cap + Incoming Retained Salary − LTIR Relief).
What is dead cap space in hockey?
Dead cap space refers to the cap charge a team carries from contracts that are no longer active on the roster. This includes players who were bought out, players who retired, or retained salary from outgoing trades. Dead cap counts against your cap ceiling even though those players aren't contributing to your team.
What is LTIR and how does it help a team exceed the cap?
Long-Term Injured Reserve (LTIR) is a designation for players injured for 24 or more days and 10 or more games. Teams can receive cap relief roughly equal to the injured player's cap hit, allowing them to sign replacement players. This can technically push a team's total payroll above the hard cap ceiling during the regular season, but LTIR relief is significantly reduced during the playoffs.
How many players can an NHL team have under contract?
An NHL team can have a maximum of 50 players under contract at any one time. Of those, no more than 23 players can be on the active NHL roster on any given day. The remaining contracted players are typically on AHL or ECHL affiliates.
What are retained salary slots and how many can a team use?
When a team trades a player, they can retain up to 50% of that player's cap hit, which stays on their books. Each NHL team is limited to retaining salary on a maximum of 3 players at any one time. This limit is tracked by 'retained salary slots used' in our calculator.
Why would a team be over the salary cap?
A team can appear over the salary cap due to LTIR relief being applied — the LTIR-eligible player's cap hit is still counted, but the relief offsets it for spending purposes. Additionally, during the off-season roster construction period, teams may temporarily exceed the cap while they work through buyouts, waivers, or final roster cuts before the season begins.
What happens if a team falls below the salary cap floor?
If a team finishes a season below the cap floor, they must pay the difference directly to their players as a pool bonus. Teams are rarely penalized for being below the floor during the season, but must be compliant by the last day of the regular season. This calculator shows your 'Space Above Cap Floor' so you can see how close you are to that minimum threshold.