Forbes 2012 annual review of NHL
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11-29-2012, 01:15 AM
Join Date: Dec 2006
Originally Posted by
New CBA puts Washington and SJS in the black. (And Minnesota and Nashville once they get out of those first few years of albatross contracts)
New management puts the BJs and Inlanders in the black.
New locations put the Coyotes and Panthers in the black.
well, there are 13 teams 'in the red', by EBITDA
New CBA puts Washington and SJS in the black (though one would argue that both should already be in the black but insist on overspending their means, as teams with comparable revenues do fine - so it's either a choice or incompetent business management).
New CBA might actually end up being enough to get Minnesota and Nashville out of the hole too. Nashville is a team that needs to beef up their revenue. Minnesota is a team that needs to spend a more realistic amount of money.
Of the remaining 9 teams, buffalo stands out as a team that should stop pretending they arnt a small market. Anaheim could probably use a dose of that reality too, and revenue sharing eligibility should kick in about 1M.
So you're left with PHX, CBJ, NYI, TBL, FLA, STL, and CAR. PHX should take a significant step with the new lease + no more storm clouds hanging over the arena formerly known as jobing.com. NYI just needs revenue-sharing eligibility and is a few years away from the real fix - a major league arena. For the remaining six teams? Not sucking so much would certainly help, but other than st. louis, which has proven to be a great financial team when successful in the past, it's probably not enough. Your possible solutions are lowering player costs even further (this is what the NHL will try six years from now), increasing revenue sharing to more meaningful levels as seen in the 3 other major US sports leagues that havnt been locked out twice in 7 years, or moving the teams to better markets, if better markets even exist.
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