Kukla's Korner

Kukla's Korner Hockey

Financial Numbers

from Mike Ozanian and Kurt Badenhausen of Forbes,

The National Hockey League is skating faster than ever due to rising profitability and the prospect of more television money.

By our count, the league’s average operating income hit a record $25 million for the 2017-18 season, 39% more than the previous season. The league’s current ten-year collective bargaining agreement (both the NHL and the league’s players association have the choice to opt out of the deal in the eighth year of the agreement) was ratified in January 2013 and reduced the players’ share of hockey-related revenue to a 50-50 split with owners, down from 57-43. Since the 2011-12 season average operating income is up more than threefold.

The current U.S. television deal with NBC pays an average of $187 million a season—the network agreed to pay $2 billion over ten years but handed the league $200 million up front—and is likely to increase more than twofold when the current deal expires after the 2020-21 season. True, regular season viewership was down last season, but ratings were up for the more valuable postseason. A number like $400 million a year is quite possible.

continued with all kinds of league and team numbers...

Filed in: NHL Teams, NHL Talk, | KK Hockey | Permalink
 

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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.

Email Paul anytime at pk@kuklaskorner.com