2010-11 TV Revenue and Replenishing the Coffers of New GMs
Two items I wanted to bring to your attention, one of the current events variety, and another that will be a new rule going forward.
First, current events - the amount of TV Revenue that will be paid out to each team for the 2010-11 season is $2.0M. This number was arrived at by gauging where the league's cash balances are as a whole in comparison to where they were at the HFNHL's inception. Thanks to Carolina GM Jon Lemoine for his help in preparing the calculations.
Second, new rule - in the event that a new GM takes over a team that's a bit poor on cash, that team's cash balance will be replenished to $10M. The thinking here is that $10M isn't enough for a new GM to go absolutely crazy, but at the same time they're not going to be crippled by any of their predecessor's sins. We will be applying this rule retroactively to any of our GMs that took over late in the 2009-10 season. So, by my count, that means Carolina and Ottawa are going to be coming into a little bit of dough.