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Cap Starting To Settle In

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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Filed in: NHL Talk, | KK Hockey | Permalink
 

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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.

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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