I'm throwing this out there because I keep seeing mistaken references in this forum about how the NHL prefers to start franchises in the U.S. because the Canadian teams don't make money. The opposite is true.
From Kevin McGran of the Toronto Star:
The six Canadian teams, representing 20 per cent of the 30-team league, account for 33.3 per cent of all NHL revenues.
That means Canadian team fans cough up an estimated $733 million (all figures U.S.) of the league's $2.2 billion revenue.
Whether it's a family buying season tickets, individuals buying sweaters, advertisers buying in-arena signage, radio and television companies purchasing broadcast rights and people parking their cars in club-owned lots, Canadian teams have economic clout.
Those facts came to light this week when agents gathered at an NHL Players' Association meeting where league revenues and salary-cap issues were discussed
Read the story here:
http://www.thestar.com/Sports/article/180345
2007-09-06
17:13:11
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15 answers
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asked by
Paul O
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Hockey