Premier Hockey Federation to double salary cap to US$1.5 million per team in 2023-24
BOSTON — The Premier Hockey Federation, which includes clubs in Toronto and Montreal, has announced a doubling of its salary cap to US$1.5 million per team for the 2023-24 season.
The Toronto Six and expansion Montreal Force are the two Canadian clubs in the women’s hockey league in its ninth season.
The U.S.-based Metropolitan Riveters, Boston Pride, Connecticut Whale, Minnesota Whitecaps and Buffalo Beauts round out the PHF, which was the NWHL before a rebranding in 2021.
The latest increase means the salary cap will have gone up 900 per cent since 2021 when it was $150,000 per team, the league said Wednesday in a statement.