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The NHL has set the salary cap for the 2026-27 season, establishing a floor of $76.9 million, a midpoint of $90.4 million, and a ceiling of $104 million. This represents an $8.5 million increase from the previous season.
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New Jersey Devils general manager Sunny Mehta officially has the exact numbers he can work going into the 2026-27 NHL season.
Per Elliotte Friedman, the NHL officially set the 2026-27 salary cap and informed its 32 clubs.
The structure, per Friedman, is as follows:
It’s a significant league-wide increase of $8.5 million from last July which arrives at an ideal time for the Devils as they transition into a new era under Mehta.
According to PuckPedia’s latest projections, the Devils are expected to enter the 2026-27 season with a projected cap hit of $92.125 million. This leaves them approximately $11.875 million in cap space under the $104 million ceiling.
Obviously, the Devils’ projected hit sits comfortably above the $76.9 million floor and just above the $90.4 million midpoint, giving them solid flexibility while remaining in strong standing for floor compliance.
The projection accounts for roughly 18 of 23 active roster spots filled, with 28 total standard contracts and no significant dead money or buyout charges beyond the bonus overage.
The Devils will carry $1.25 million in performance-bonus overage into the 2026-27 season. This amount is added directly to their 2026-27 cap hit—which unfortunately reduces available cap space.
Breakdown of the overage:
The new salary cap for the NHL 2026-27 season is set at a ceiling of $104 million.
The NHL salary cap has increased by $8.5 million for the 2026-27 season.
The maximum individual player salary for the 2026-27 NHL season is $20.8 million.
The salary cap floor is set at $76.9 million, and the midpoint is $90.4 million for the 2026-27 NHL season.
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These bonuses carry over fully due to the team’s LTIR usage in 2025-26.
With $11.875 million in projected space, Mehta has room to address pending free agents and extensions.
Restricted Free Agents (RFAs) – High Priority
Unrestricted Free Agents (UFAs) – Depth Options
Notable Extension-Eligible Players (Under Contract for 2026-27)
The projected $11.875 million in space (after the $1.25 million overage) gives Mehta meaningful options heading into July 1:
Looking ahead, the rising cap (with further increases expected to reach $113,500,000 in 2027-28) will create even more breathing room as current contracts expire. The core—featuring Hischier, Jack Hughes, Luke Hughes, Jesper Bratt, Timo Meier, and others—remains locked in, which provides a strong foundation for Mehta’s vision.
Of course, projections can shift quickly with trades, signings, or bonus outcomes. As noted, the Devils SHOULD be making a deal for a top-6 forward to play with Jack and Bratt.
Overall, however, the official outlook is positive.
The new $104 million ceiling, positions the Devils for what should be a productive offseason as Mehta begins shaping the roster for contention.
Mehta’s obstacle, however, will be navigating Tom Fitzgerald‘s no-move/trade clauses on new Jersey’s roster.
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