The chart below shows NHL minimum and maximum player salaries by year since 2005. The team salary cap has increased 83% since 2005, providing for maximum player salary to rise by the same margin.Minimum wage, on the other hand, has increased only 28% during that span.he maximum player salary was capped at 20% of the team salary cap. Meanwhile, the minimum player salary jumped 257% from $180,000 to $450,000 with fixed bumps in future years.
What is a 'Primary Beneficiary'. A primary beneficiary is a beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can be more than one primary beneficiary. Next Up.
When you name a primary beneficiary, you may also have the option of naming secondary or contingent beneficiaries. A contingent beneficiary inherits an asset if the primary beneficiary is deceased. For example, an IRA owner might designate his spouse as his primary beneficiary and his child as a contingent beneficiary.If the couple dies in a car crash, the child inherits the IRA. contingent beneficiary inherits an asset if the primary beneficiary is deceased. For example, an IRA owner might designate his spouse as his primary beneficiary and his child as a contingent beneficiary. If the couple dies in a car crash, the child inherits the IRA.