View Single Post
Old
02-06-2014, 10:48 AM
  #103
RangerBoy
HOPE & CHANGE
 
RangerBoy's Avatar
 
Join Date: Mar 2002
Location: New York
Country: United States
Posts: 36,924
vCash: 500
Quote:
Originally Posted by GAGLine View Post
The problem is that the NHL doesn't get that money all up front. It's a 12 year deal. The money will be paid out over that term. They can't exchange money that RBC hasn't given them yet.
The first year is worth $300M and there is a $150M upfront payment spread out over the first 2 years. $375M in 14-15. $337.5M USD. That's with the .90 cent Canadian dollar.

RangerBoy is offline