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NHLPA, NHL Announce Team Payroll Range For 2008-09

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From ChicagoBlackhawks.com: (link)

NEW YORK/TORONTO (June 26, 2008) – The National Hockey League and the National Hockey League Players’ Association announced today that the Team Payroll Range established for the 2008-09 League Year, pursuant to the Collective Bargaining Agreement, provides for a Lower Limit of $40.7 million, an Adjusted Midpoint of $48.7 million and an Upper Limit of $56.7 million.