This news is welcoming to NHL general managers, players and agents as the debt that players incurred while COVID-19 was gripping the world has been paid off and now the NHS can see its cap rise every season.
One major trend and issue through the NHL is so many teams are right against the cap which prevents trades from occurring. As teams have little to no movement, they are now asking weaker teams who have lots of cap space to bankroll trades in order to get an extra draft pick out of a deal or even a player.
Now that the cap is on the rise and will be for the foreseeable future, it's likely these kinds of trades will stop happening and they may go back to the more traditional style of one-on-one trades with another team.
For the Kraken, general manager Ron Francis has roughly $23 million worth of cap space to work with and depending on any trades he makes over the summer, that number could go up significantly.
