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Report- The NHL Sees An Increase In Revenue

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.

continued

Filed in: NHL Talk, NHL Business of Hockey, | 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

 

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