Illinihockey
Registered User
- Jun 15, 2010
- 24,580
- 2,926
Two lockouts initiated by owners that wanted a bigger piece of the pie after bragging during every non-lockout year about ever growing revenues.
Greediness isn't a sign of actual trouble, either. The NHL's in better shape now than at any point since at least 1967. There've always been troubled franchises and issue that impact the league, but at no point in hone past have revenues and public interest been higher north or south of the border.
http://www.forbes.com/sites/kurtbad...about-the-benjamins-and-who-doesnt-have-them/
The NHL’s problem is the widespread disparity in profits for its 30 teams. We estimated that 18 teams lost money during the 2010-11 season in our annual look at the business of hockey.
The Toronto Maple Leafs, New York Rangers and Montreal Canadiens had an operating profit (in the sense of earnings before interest, taxes, depreciation and amortization) of $171 million combined. The other 27 NHL teams lost a collective $44 million. If you add the Vancouver Canucks and Edmonton Oilers to the fat cats ledger, profits hit $212 million with the remaining 25 teams posting a loss of $86 million.
Last edited by a moderator: