The salary cap is a function of revenue. The league also has revenue-sharing, paid into by the top ten teams, which include MTL, TOR, and EDM.
Real concern for (some) Canadian teams moving forward: a $113.5 million USD salary cap in 2027-28 equates to $163.2 million spending in Canadian dollars based on today's rate.

How will those teams find a way to significantly generate new revenue to match increase?

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