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Red Wings get major salary cap boost: What it means for the team!

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Kevin Barreau
June 9, 2024  (9:38 PM)
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The Detroit Red Wings, along with other NHL teams, just got some unexpected good news: an extra $300,000 in cap space. This surprise boost gives them more flexibility for player signings and adjustments.

The NHL just announced the salary cap is going up from $83.5 million to $88 million, a bit more than the projected rise to $87.7 million. This extra increase gives the Detroit Red Wings $29.4 million in available cap space.

If the Red Wings carry 23 players next season, they still need to sign 10 more, including restricted free agents Moritz Seider, Lucas Raymond, Albert Johansson, Jonatan Berggren, and Joe Veleno. Seider's and Raymond's new deals are expected to take up the most space.

The Red Wings might use this boost to make a significant trade, impacting their roster and giving them a chance to make the playoffs.

Source Detroit Hockey Now: The Daily: Red Wings Get Salary Cap Boost; Saros Waiting

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