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08-24-2012, 11:23 AM
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The one thing we know is this league is the only one of the four sports that does not revenue share. According to the bleacher report in 2011-12 Toronto made $81.8MM, with the Canadiens second at $47.7MM, Rangers $44.1MM, Edmonton $17.3MM, Red Wings $16.3MM. I believe those are the teams with double digit profits. The big losers were the league owned Coyotes $24.4MM, then Columbus $13.7MM, Tampa $8.5MM, Ducks, $8.4MM, Islanders $8.1MM, San Jose $7.8MM, Panthers $7MM. Even the Jets lost money $5.2MM. Our St Louis Blues lost $2.7MM. This is a league of have and have nots. NHL total revenues have reached record levels each year after the last agreement but that hasn't helped the have nots. Until there is some sort of revenue sharing the league will continue to have to run teams, have teams filing chapter 11 Bankruptcy and see a constant flow of new owners. (see the St louis Blues) I hope they can put something together to get this league healthy with the support of the players union. Generally league wide attendance was good. Note virtually all of the warm weather teams are losing money.

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