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Cap to rise after record revenues

Updated: June 26, 2014, 7:11 PM ET
Associated Press

NEW YORK -- After a year of record revenues, the NHL salary cap is going up again.

The exact figure for the 2014-15 season hasn't been set yet, NHL Commissioner Gary Bettman said Thursday following a meeting of the league's board of governors, but he hoped it would be worked out with the players' association in time for the start of the two-day entry draft Friday in Philadelphia.

The final number is expected to be in the high $60 millions or low $70 millions. That gives general managers ...

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