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Gary Bettman Talks Salary Cap and More

From Pierre LeBrun, CP via Globe & Mail,

Bettman’s voice fills with emotion has he responds to criticism that the salary cap has risen too high at US$50.3 million and salaries are back to pre-lockout levels.

“I think the agreement has been misconstrued,” Bettman said. “People are saying there’s a $50-million cap and now we’re back to where we were and higher. That statement, when it’s made, indicates a fundamental lack of understanding of how the system works.”

To wit, Bettman points out that in the pre-lockout season of 2003-04, the top payroll was in the $80-million range with other teams in the 70s and 60s. More importantly, he adds, it’s the average payroll that really matters pertaining to dividing up the 55 per cent of the revenue pie to players.

more… (*wide-ranging interview on issues like television coverage, European markets, etc.)

Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
  Tags: gary+bettman

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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.

Email Paul anytime at pk@kuklaskorner.com

 

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