The NHL implemented a salary cap following the lockout of the 2003-2004 season. The cap often fluctuates from year to year, but in general certain teams have become known for spending right up to the limit, while others struggle to meet the minimum requirements set forth by the NHL.
As the dust settles on another wild offseason, it's good to take a look at where each team stands in terms of salary cap space. A few teams have to shed salary to get under the cap, and others still need reach the floor.
Here is where each team stands with just a few weeks before training camp opens up. The salary cap for the upcoming season is $68.4 million, and the floor is $48.3 million. All figures come courtesy of capgeek.com