Kukla's Korner Hockey
by Paul on 01/06/13 at 01:40 PM ET
from Kevin Allen of USA TODAY,
Winners and losers of the NHL lockout:
Winner: Owners. They will receive a 50-50 split of hockey-related revenue after receiving only 43% in the previous CBA. Based on last year's revenue, that change would mean an additional $231 million per year. That translates to well over $2 billion over a 10-year CBA, and it could push toward $3 billion with some strong growth. The 50-50 split was the owners' primary objective.
Loser: Arena employees, NHL employees and some team employees. They have lost money in their paychecks, and there is no direct benefit for them in the owners' windfall. NHL employees took a 20% pay cut.
Winner: Big NHL markets. Big-revenue teams such as the Toronto Maple Leafs and New York Rangers will have higher profits because the 50-50 split will mean a lower ceiling on the salary cap.
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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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