Kukla's Korner Hockey
by Paul on 05/14/07 at 02:06 PM ET
from Tripp Mickle of Sports Business Journal (paid sub.),
NHL regular-season and preseason revenue grew 5 percent to 7 percent this year, putting total revenue on track to grow to between $2.2 billion and $2.25 billion for the entire season.
Such growth would deliver a $100 million to $150 million increase on last year’s revenue of $2.1 billion, which was equal to pre-lockout levels. It also would push the salary cap from $44 million to between $47 million and $49 million this offseason and entitle players to between 55 and 56 percent of revenue in 2007-08.
“The percentage increases were across the board across all lines of our business,” NHL Deputy Commissioner Bill Daly said.
update, full article now available…
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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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