Kukla's Korner Hockey
by Paul on 04/25/06 at 03:10 PM ET
Higher television revenue, booming attendance and "business fundamentals" related to a new labor deal will boost an estimated 22 of the NHL's 30 clubs to break-even or profitable status this season, Commissioner Gary Bettman said Monday, signs that the league is recovering from the labor dispute that wiped out the 2004-05 season. Final numbers will be compiled after the playoffs, which generate significant amounts of revenue. A league-commissioned financial review issued in February 2004 had said that 19 teams lost a total of $342 million in the 2002-03 season and that 11 teams made money, leaving cumulative losses at $272 million.more (reg. req.)
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About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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