The NHL is preparing for a significant salary cap increase over the next three seasons, sources told Sportsnet's Elliotte Friedman and Rory Boylen.

Teams reportedly received projections of the approximate salary cap through 2025-26. These values aren't guarantees but reflect the league's estimations. The 2022-23 salary cap is $82.5 million, an increase of $1 million from last season.

According to this projection, the salary cap would begin to increase by more than $1 million per season beginning in 2024-25.