Kukla's Korner Hockey
by Paul on 06/09/14 at 03:07 PM ET
from James Mirtle of the Globe and Mail,
Get ready for a skyrocketing salary cap in the NHL, even before the league’s new Canadian TV deal gets factored in.
According to a report on Monday from Chris Botta of the SportsBusiness Journal, NHL revenues for the 2013-14 season are expected to hit $3.7-billion, which would be a 12-per-cent increase over the league’s last full campaign.
With the new TV revenue added in a year later, meanwhile, that figure will for the first time crack the $4-billion mark in 2014-15.
That’s obviously a good business story for Gary Bettman and Co., but the more pertinent result of much higher hockey-related revenues for fans (and general managers) is the impact it’ll have on the cap.
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