The NHL is set to announce a salary increase for players next season, which is the third consecutive year that the league will make an announcement.
The league announced on Monday that it has approved an increase to a minimum of $4.4 million per year for players with at least five seasons of experience, up from the current minimum of between $3.8 million and $3,972, according to The Associated Press.
That represents an increase of about $6.4 per player, which makes it the third highest raise in the NHL, behind only the $3 million raise for Joe Thornton in 2014 and the $4 million raise that went to Carey Price in 2017.
The NHL also announced a new two-year contract for its All-Star Game host, with an average annual salary of $1.9 million per season for players in their first two years of eligibility.
The full salary schedule will be released at a later date.