Salary cap set for 2011-12

Published June 23, 2011 5:28pm EDT | Updated November 20, 2014 6:10pm EST

The National Hockey League and the NHL Players' Association announced Thursday that the team payroll range established for the 2011 League Year, pursuant to the Collective Bargaining Agreement, provides for a lower limit of $48.3 million, an adjusted midpoint of $56.3 million and an upper limit of $64.3 million.