Trade Thread XVIII: Brace Yourselves. Friday Is Coming.
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02-06-2014, 11:08 AM
Change is good.
Join Date: Aug 2005
Location: Brooklyn of course
Originally Posted by
I don't work in currencies, so I won't pretend to understand it all, but I would think this scenario is complicated by the fact that the NHL isn't a single company, but rather 31 companies (30 teams + NHL).
The Rogers contract is with the NHL. It's a single contract. It could be hedged by the NHL on behalf of the member companies.
EDIT: As for the individual teams' earnings, their respective TV deals, etc. could be hedged and they could even buy forward currency contracts to cover a baseline of ticket and merchandise sales based on projections (off of historical performance, season ticket subscriptions, etc.), but I doubt that's an issue for most of them since most of them earn their revenues and pay their costs in the same currency. (Except for maybe the Canadian teams with player contracts?) It's the Rogers deal that's the big issue.
Last edited by BrooklynRangersFan: 02-06-2014 at
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