Brad Richards News Part II
View Single Post
05-10-2011, 08:43 PM
Join Date: Mar 2006
Originally Posted by
Even if the economy hadn't tanked, there was NO way the cap was going to continue to increase at that same percentage every year.
Everyone knew that after the lockout the cap would rise.
The strong Canadian dollar helped during the recession as well as the 6 Canadian teams account for a pretty significant portion of the leagues revenue.
That might discount the increase in the cap directly after the lockout (sort of self-correcting if the revenue numbers were fudged), but it really doesn't explain why the cap was still increasing by ~$6m three years after the lockout ended. The Canadian dollar was one cause, but on the whole, NHL revenue was booming prior to the 2009-2010 season (note: salary cap figures are calculated based on the prior year's revenue).
View Public Profile
Find More Posts by azrok22