Trade Rumours Thread XIV: Rangers gauging interest on Callahan/Girardi
View Single Post
01-29-2014, 06:36 AM
Join Date: Mar 2002
Location: New York
Friedman reported the projected $71M cap could be lower by $1M-$1.5M because of the Canadian dollar dropping in value against the US dollar. Its significant because the Canadian teams generate a ton of revenue.
This is from 2 years ago but its holds true today
A secret National Hockey League report detailing the ticket revenues of its 30 teams provides additional ammunition for those suggesting more struggling U.S.-based teams should be relocated to Canada.
The confidential document shows that the six Canadian NHL clubs last season accounted for about 33 per cent of the $1.2 billion (U.S.) in league ticket revenue. In 2007-08, Canada's six teams represented 31 per cent.
The report, which was obtained by the Star from several league sources, suggests operating a club north of the border is much more lucrative for the NHL. Five of the top six-revenue generating clubs are based in Canada, with the New York Rangers being the lone team from the U.S. in that group.
The Rogers TV deal is in Canadian dollars. $5.2B Canadian. It was $4.9B US on the day it was announced. Its less than $4.9B today.
View Public Profile
Find More Posts by RangerBoy