Salary cap inflation is always something to monitor. The cap is currently set at $95.5 million, but is expected to raise signifcantly over the next few seasons. Next year, the cap is projected to be $104 million while the 2027-28 ceiling is projected at $113.5 million.
Recently, NHL player agent Allan Walsh provided an update via social media on what the 2028-29 salary cap could look like. Walsh wrote via “X”, “Analyzing NHL HRR projections and the current revenue slack that exists in the system, hearing the NHL is projecting a Salary Cap Upper Limit of approx $123M in 2028-29. We are currently at $95.5M. (That’s an almost $30M rise of the Cap within 3 years).”
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At the time of writing, the Vancouver Canucks only have seven players signed for the 2028-29 season. Those players are Elias Pettersson, Brock Boeser, Jake DeBrusk, Filip Hronek, Marcus Pettersson, Kevin Lankinen and Thatcher Demko. The Canucks will also have a $2,126,667 penalty that season as the Oliver Ekman-Larsson buyout will not be complete.
According to PuckPedia, Vancouver currently has $52,226,667 commited for the 2028-29 season. If no players are moved, that would count for just over 40% of the projected $123 million. The Canucks are projected to still be in a rebuild in 2028-29, meaning some contracts already signed could be on the move before the season starts.
Jan 21, 2026; Vancouver, British Columbia, CAN; Vancouver Canucks goalie Kevin Lankinen (32) and defenseman Tom Willander (5) and defenseman Zeev Buium (24) celebrate their victory against the Washington Capitals at Rogers Arena. Mandatory Credit: Bob Frid-Imagn Images
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