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09-29-2003, 08:24 AM
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Originally Posted by degroat
Not incorrect. If the PA were to agree to a cap, the percentage would be made public as would the actual cap. One could easily figure out total league revenues based on those numbers.
But the point was that the percentage would not be based on total league revenues. Instead, the NHL and NHLPA would agree on which revenues the cap will be based on (i.e. gate revenue, luxury boxes, broadcasting, concessions, parking and sponsorship). If any team can find alternate revenue sources, or is able to shuffle the revenue elsewhere, then the total league revenues determined for cap revenues will be incomplete.

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