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The National Hockey League does not have a salary cap of any sort, but the existing NHL CBA contains clauses that limit the minimum compensation for all players and the maximum entry-level compensation for players under the age of 25. Article 9 of the NHL CBA limits the maximum yearly compensation for rookies to just over $1 million in salary and 50% of that in signing, reporting and roster bonuses. Performance bonuses are not affected. After a length of time determined by the age of the player when the first contract was signed (not exceeding three years) the limits come off. Source: http://www.washingtonhockey.com/200203/features/sc2.htm
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