Kukla's Korner Hockey
by Paul on 01/06/13 at 12:40 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.
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