PHF Salary Cap to Double

The Premier Hockey Federation keeps on growing. On Wednesday, December 14, the league announced the salary cap would increase to a historic $1.5 million per team for the 2023-24 season. 

In 2021, the salary cap was just $150,000. It has increased 900% since then. This increase is the league’s third salary increase in nine seasons and shows huge growth for the women’s game. The league has had great growth over the last year with the expansion to Montreal, top players on the ice, more games, improved facilities, and new contract terms for players. Raising the cap and allowing players to make more is life-changing. In the league press release, PHF Commissioner, Reagan Carey, stated, “The PHF was the first league to pay its players back in 2015, and our commitment to building the best home for women’s professional hockey requires us to continue leading the way forward. Greater financial opportunities for athletes is part of the new PHF era.” 

All seven PHF teams (Connecticut, Boston, Metropolitan, Minnesota, Buffalo, Toronto, and, most recently, Montreal) have contracts that exceed the salary floor of  $526,000 (75% of the cap). With the $750,000 cap, many players currently have other jobs off the ice to make ends meet. Now, they have a choice. If a team has a 25 player roster (current max), the average salary would be $60k. That makes playing PHF hockey viable as a full-time job. Having more full time hockey players in the league will help raise the level of play, leading to even more growth in the game. The league minimum and salary floor have not been announced yet, but they are expected to go up. If the salary floor and 75% cap requirement stay the same, the projected average minimum salary would be $45,000. The league has already seen some of this shift with the historic contract signed by Buffalo Beauts player and 2021 league MVP Mikyla Grant Mentis. She signed a historic one-year $80,000 contract for this season. Contracts like these show the financial growth and stability of salaries in the league. 

These are professional athletes, and they’re finally getting to take advantage of all those benefits. Commissioner Carey described it, “This historic salary cap increase reflects the strengths of our league and developing business model and supports an enhanced player experience that over the last year has introduced full healthcare benefits, facility upgrades, league expansion, and a record 84-game schedule.” 

This salary increase and PHF growth this year shows that the women’s game is being taken seriously. The league has more talent than ever, with a record number of Canadian, international, and senior national team players. Commissioner Carey says, “We will not stop here, and are very proud to continue our track record of establishing new records for women’s professional hockey.” So, the league isn’t done growing. It is an exciting time to be a women’s hockey and PHF fan because it feels like the good just keeps coming. The PHF is definitely a league to support. They have all the pieces to be successful and just need the fan base to keep the momentum going. 

We try a live draft Checkin' Tendies

Salary cap raise 1:00All star game 7:44beauts outdoor game 10:10ECHL all star game 12:24 Live fantasy hockey draft 16:00Hockey jerseys reviews 37:36
  1. We try a live draft
  2. There are so few pants in the world
  3. Checkin tendies boston edition
  4. Hockey non hockey
  5. I love a good Puck

Leave a Reply

Your email address will not be published. Required fields are marked *

Photo by Arianne Bergeron

Montreal Force rout Buffalo Beauts in final home game

After being eliminated from playoff contention last night, the Montreal Force responded with an impressive performance and a big win. Playing at the arena of the Blainville-Boisbrand Armada in their final home weekend set of the season, the Montreal Force overpowered the visiting Buffalo Beauts 6-2 on Saturday afternoon. Jade Downie Landry opened the scoring […]

Read More

Sami Jo Small is enjoying life with the Toronto Six

After the game on Sunday, Inside The Rink had the unique opportunity to catch up with Toronto Six team President Sami Jo Small. The former Canadian goaltender who helped Canada to three gold medals at the Olympics is now the President of a PHF franchise, the Toronto Six, which is having an amazing season and […]

Read More
Nathan Fernandes/Toronto Six.

Montreal Force beaten by Toronto Six for a weekend split

The Montreal Force are heading home with a weekend split after losing to the Toronto Six 2-1. Breanne Wilson-Bennett scored the game-winner six and a half minutes into the second period to seal the win for the home team. Shiann Darkangelo opened the scoring 12 minutes into the game, finally beating Tricia Deguire with a […]

Read More