Kukla's Korner Hockey
by Paul on 06/27/12 at 01:03 PM ET
from Christopher Botta of the SportsBusiness Journal - Sporting News,
Bettman, who turned 60 on June 2, is approaching his 20th anniversary as NHL commissioner. While his supporters note his power and influence, observers watch as Bettman leads the league through one of the more important junctures in its history. The need this summer for a new collective-bargaining agreement tops the list of the issues facing the league.
Bettman doesn’t shy away from the challenges as he sits in his New York office. On a week in which he would participate in the NHL awards and a board of governors meeting in Las Vegas followed by the 2012 NHL Draft over the weekend in Pittsburgh, he took time to discuss areas where the league can continue to grow, how the postseason ratings decline was not a surprise to him—and the most imminent matter of the league’s CBA.
During the Stanley Cup Final, Bettman reported league revenue of $3.3 billion this season. In the 2006-07 season, the league generated $2.2 billion in revenue. Among the primary reasons for the leap have been increased attendance (the NHL brought in $1.2 billion from ticket sales in 2010-11); the 10-year, $2 billion deal signed with NBC last year; and a seven-year, $375 million deal with MillerCoors that is the most lucrative such deal in league history.
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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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