Kukla's Korner Hockey
by Paul on 10/12/07 at 11:20 AM ET
National Hockey League franchises have increased in value as a result of the collective bargaining agreement between owners and players that capped player salaries at 54% (now 56%) of league revenue beginning with the 2005-06 season. More cost certainty has increased the number of bidders for teams while the supply remained fixed at 30 franchises.
But the new CBA has not been the panacea for team values that some self-serving owners would want you to believe.
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