The 2023-24 NHL season is in full swing and conversations around Stanley Cup odds are ramping up. But how do all 32 NHL payrolls stack up against one another?'
Unlike Major League Baseball's payroll system, which allows teams to essentially add as much as they'd like to their payroll and pay a luxury tax over a certain threshold, the NHL has a fixed salary cap that teams cannot go over.
The maximum cap for a team in the 2022-23 season is $83.5 million, and the minimum is $61.7 million.
This keeps teams in larger markets from spending extravagant amounts of money to extend their advantage over smaller-market clubs.