Kukla's Korner Hockey
by Paul on 06/12/07 at 08:12 AM ET
from the Windsor Star,
On the surface, the leap from a US$39-million salary cap two years ago to one that is approaching $50 million would seem a sign of a healthy revenue growth.
However, Detroit assistant general manager Jim Nill feels the cap has just about hit the ceiling.
“I think you’ll see it settle in the low 50s,” Nill said. “We’re a gate-driven league and I think ticket prices are pretty much maxed out.”
While the NHL trumpets attendance increases as the main reason for revenues climbing, Nill feels that’s slightly misleading.
“Over the last few years, the revenue of the Canadian teams is up 20 per cent because the Canadian dollar is up. That’s a big part of the cap.”
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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.
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