The National Hockey League has announced its 2018-19 salary cap will be $6.5 million, down from $7.5m last season.
The cap was initially set at $76.9m, but the league has raised it to $76m over the next two seasons.
It was announced Tuesday that a new two-year deal worth $3.1m will be announced with a $4.2m buyout, and a one-year contract worth $2.8m will go to Andrew MacDonald.
The salary cap has been frozen at $75.8 million for two years, and will be raised to $74.7m by the end of the 2021-22 season.
The cap hit for each team is $10.6 million, and each player will earn $1.5million.
There are 11 players that will receive more than $100,000.
The average salary for each player is $6,715.5 per season.
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