Report: NHL salary cap to rise in 2014-15 to more than $71 million

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The projected salary cap level could be the league's highest under commissioner Gary Bettman. (Bruce Bennett/Getty Images)

National Hockey League Commissioner Gary Bettman says owning a team is a good investment. (Bruce Bennett/Getty Images)

The NHL salary cap is projected to rise to more than $71 million in the 2014-15 season, TSN's Bob McKenzie and Darren Dreger reported Monday. That number was offered at the NHL's Board of Governors meeting in Pebble Beach, Calif., according to the report.

The projection would be about a $7 million rise from 2013-14 level of $64.3 million. It would also be the highest salary-cap level in NHL history. This is the second season of the NHL's current collective bargaining agreement, which was agreed to after a lengthy lockout that spanned 119 days and cut into the 2012-13 season.

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