Women’s hockey league to increase salary cap, add 2 teams
The Premier Hockey Federation is more than doubling each teams’ salary cap to $750,000 and adding two expansion franchises next season in a bid to capitalize on the wave of attention women’s hockey traditionally enjoys following the Winter Olympics.
The PHF’s announcement on Tuesday of its board of governors’ commitment to invest more than $25 million over the next three years is also considered a major step in attempting to thaw its relationship with United States and Canadian national team players, who have balked at joining North America’s lone professional women’s hockey league.
“It’s an amazing investment by the ownership, and it really reaffirms the strength of their commitment to being a difference-maker in women’s hockey,” PHF Commissioner Ty Tumminia told The Associated Press.
“It’s important for us to advance to our next season and be crystal clear about the direction we’re headed, and what framework will be so that all athletes can make an informed decision about their careers,” Tumminia added, noting the timing of the announcement comes two weeks before the Winter Games open in Beijing.