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Report- Phoenix Lost Some Revenue Sharing Money

from Scott Burnside of ESPN,

The Phoenix Coyotes were penalized 25 percent of their revenue-sharing money last season, multiple sources told ESPN.com.

That money, due to be $15 million but now less than that, is part of the NHL’s revenue-sharing formula, where big-market clubs share resources with the smaller-market teams.

The formula, however, includes triggers that these clubs must hit in order to show improvement in a number of areas; since the Coyotes failed to hit revenue and attendance standards last season, they were penalized, according to sources.

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Filed in: NHL Teams, d, | KK Hockey | Permalink
 

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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 pk@kuklaskorner.com

 

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