The preliminary revenue projections discussed by NHL Commissioner Gary Bettman during the recent Board of Governors meeting could have a notable impact on the league, including the newest addition, the Seattle Kraken. With the potential salary cap increase to between $87 million and $88 million for the 2024-25 season, the Kraken, like other teams, may find themselves with more financial flexibility.
For the Seattle Kraken, this means they could have additional resources to spend during free agency or allocate toward re-signing key players to the team. The salary cap plays a pivotal role in shaping a team's roster and strategy, and a higher cap ceiling provides teams like the Kraken with more options when it comes to building and maintaining a competitive squad.
As the Kraken continue to establish themselves in the NHL and work toward achieving their goals, these evolving financial projections will be a crucial factor to consider in their long-term plans. It's a development that adds an extra layer of intrigue to the team's journey in the league.
