Kukla's Korner Hockey
by Paul on 02/05/14 at 02:02 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
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 email@example.com