Kukla's Korner Hockey
by Paul on 02/05/14 at 03:02 PM ET
from Michael Grange of Sportsnet,
The impact may be felt differently by small and big markets. How will a team like the Jets, in the league’s smallest city and playing in its smallest arena fare if the dollar slides? Will Quebec City remain a viable landing spot for an NHL team if the dollar remains well below 90 cents?
For a team like the Leafs a falling dollar would mean a lower salary cap and therefore less leeway to flex their financial muscle.
The reality is there are too many variables to predict. A strengthening US dollar suggests a stronger overall economy south of the border, which the NHL could translate into new business to the benefit of Canadian clubs. Similarly a dollar trading at 90 cents would have benefits for Canadian exports which could help the economies around Canadian clubs.
But after a decade where Canadian teams were benefitted from the currency divide, the balance may be shifting.
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Most Recent Blog Posts
About Kukla's Korner Hockey
Email Paul anytime at email@example.com