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.