Kukla's Korner Hockey
Salaries Increase And So Does Revenue
by Paul on 08/19/07 at 10:19 AM ET
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from the News & Observer,
This season, the third under the salary-cap system the league adopted to end the lockout, the average salary will fly beyond that mark and approach $2.2 million.
The league isn’t concerned about that, because salaries are tied to revenue. If more money is going out, it can only mean more money is coming in.
“I don’t think this year’s free-agency period suggests a return to days when high-revenue clubs had a competitive advantage in the players marketplace,” NHL deputy commissioner Bill Daly said. “Aside from a couple of high-profile signings, the distribution of signings is significantly more diverse than under the CBA
Filed in: NHL Talk, NHL Business of Hockey, | KK Hockey | Permalink
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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.
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