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Sportsnet reporting Revenue Sharing $5-7 million dollars annually

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Old
07-07-2005, 10:00 PM
  #1
Mess
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Sportsnet reporting Revenue Sharing $5-7 million dollars annually

From the Sportsnet Report

Quote:
Sportsnet can confirm this system will not include a luxury tax, however revenue sharing will very much play a role in trying to sustain all teams' long-term viability. And while the revenue sharing component soon to be released will be more comprehensive, the most simplistic way to describe it is the top 10 teams will feed a percentage of their gross hockey revenues into a pool designed to prop up the bottom 10 teams.

Clearly, it's undetermined as to what dollar amount the higher revenue clubs can expect to contribute, however sources say these teams believe it will hover between $5-7 million dollars annually.

http://www.sportsnet.ca/hockey/artic...06_171050_5180

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07-07-2005, 10:03 PM
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Wasn't this information in about half a dozen other posts today???

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07-08-2005, 12:07 AM
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misterjaggers
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Originally Posted by The Iconoclast
Wasn't this information in about half a dozen other posts today???
Yes, but it lacked the bold-print hyperbole treatment.

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07-08-2005, 12:10 AM
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Originally Posted by misterjaggers
Yes, but it lacked the bold-print hyperbole treatment.
You can't trust it unless its highlighted.

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07-08-2005, 12:24 AM
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Hatter
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wouldnt a lux tax make more sense? I cannot imagine the owners of the big market teams being all that thrilled that they are the only ones paying.

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07-08-2005, 01:28 AM
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Quote:
Originally Posted by me2
You can't trust it unless its highlighted.
link?

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