The European leagues are not immune to the impacts of COVID, either. I mean the Slovak league barely went off and may not finish, as an example. Most places have limits on fans in the stands or none at all, and will face big revenue shortfalls. Everyone lost lots of revenue canceling playoffs. Teams will fold. They will look for government bailouts or shutter. Guys may be heading to Europe at the moment because they know, at least for now, those leagues will play in some capacity (even if it's shortened seasons). If this persists for many more months, and things continue to get worse, the European leagues will likely end up in even worse shape than the NHL and AHL (much more money in the North American clubs to keep them afloat; no NHL team will go bankrupt because of this).
The KHL implemented a $13M USD salary cap. $13M for a full team. Guys aren't going to flock there. Some leagues have imposed new restrictions on imports from NA, both how many there can be and how long they have to stay (i.e., they must finish the season and can't be recalled by an NHL team mid-year).
No one is in good shape here. I can't see any lasting change to the landscape. Depending on what happens in Europe, teams over there may end up in far worse shape than teams in NA.
The KHL implemented a $13M USD salary cap. $13M for a full team. Guys aren't going to flock there. Some leagues have imposed new restrictions on imports from NA, both how many there can be and how long they have to stay (i.e., they must finish the season and can't be recalled by an NHL team mid-year).
No one is in good shape here. I can't see any lasting change to the landscape. Depending on what happens in Europe, teams over there may end up in far worse shape than teams in NA.