NHL and NHLPA “watching closely” decline of Canadian dollar
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The Gr8 Dane
L'harceleur
brutal. expanding in Canada should never be discussed again
Takuto Maruki
Ideal and the real
Who realistically is doing that, discounting the nationalist dummies on Twitter, and the people on here who think they're smarter then the NHL when it comes to matters like this?
CharasLazyWrister
Registered User
Inevitably, blame will be thrown around (as is always the case when people cant come to grips with the complexity of the world and simply point their anger in whichever direction their biases lead), but this is the stark reality of operating a league in which owners protect their interests and finances as a single, unconquerable entity across multiple countries with multiple currencies.
Despite countless failed franchises, the US is just always going to the “safer” long-term investment due to the overall market size. Even when teams are doing as well as they can in Canada financially, the exchange rate issue persists.
Despite countless failed franchises, the US is just always going to the “safer” long-term investment due to the overall market size. Even when teams are doing as well as they can in Canada financially, the exchange rate issue persists.
MeHateHe
Registered User
- Dec 24, 2006
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Still lots of folks thinking that a second team for Toronto is in the next round of 4 - like it's Houston/Atlanta/Phoenix/Toronto and that's fait accompli .
Does someone have a quick breakdown of where North American NHL revenues (expressed in Euros, preferably
) come from? If, for example, NHL revenues from Canada are significantly higher than 7/32, then a reflexive argument away from continued Canadian presence is misguided. (I'm not an advocate for any expansion, but rather am arguing that the relative strength of the Canadian dollar shouldn't be a deciding factor.)Given that the Canadian dollar has historically been impacted by the price of oil, and given that the projections for oil prices over the next 20 years seems to be maybe not so good, I'd suggest we're in for more of this in the coming years.
(Dear moderators, can we keep this one open? It's Christmas.)
Golden_Jet
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- Sep 21, 2005
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Likely won’t stay open, it became political on the first page last time.Still lots of folks thinking that a second team for Toronto is in the next round of 4 - like it's Houston/Atlanta/Phoenix/Toronto and that's fait accompli .
Does someone have a quick breakdown of where North American NHL revenues (expressed in Euros, preferably
Given that the Canadian dollar has historically been impacted by the price of oil, and given that the projections for oil prices over the next 20 years seems to be maybe not so good, I'd suggest we're in for more of this in the coming years.
(Dear moderators, can we keep this one open? It's Christmas.)
Brutal take, like usual
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This is not good for Winnipeg. Their honeymoon period is well over and their support has plummeted. Declining tv ratings, failing to sell out playoff games, and bleeding money. I'd hate to see the great fans in Winnipeg lose their team yet again.
Golden_Jet
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Links to all those points, or are they also made up like in the TV numbers thread.
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Operating costs are also partially lower, so it depends. Obviously player salaries are a huge part of the equation but not the only.
Yeah, the dollar fluctuating is a sign that Canada doesn't support its teams
CharasLazyWrister
Registered User
Takuto Maruki
Ideal and the real
Unless Thomson is looking at getting out (and all signs point to no) then frankly, the Jets are staying for the foreseeable future. But people like to forget about that fact and simply look at the surface level issues which, while not exactly good, basically are leveled out by their ownership group having ungodly levels of wealth compared to all but a few within North American sport.
Couldn't sell out playoff game: Winnipeg WCF games aren't selling out
Media calling for Winnipeg relocation: Winnipeg Jets’ Historic Start Can’t Escape NHL Market Woes
IIRC, all player salaries are in US Dollars, but the 7 teams in Canada collect their revenue in Canadian Dollars, which have the current 30% discount. Ouch!
Gate receipts are mostly CAD, but shared league revenue is USD which then is worth more in Canada when it comes to CAD expenses. Of course having the player salaries in USD is going to hurt, but in many cases the situation might cause more irritation among US owners who see their own revenues fall with as good as no upside given they pay everything in USD anyway. Not sure if Rogers is still paying the league in CAD, at least in the past they were.
- Aug 24, 2011
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I wonder if we’re less likely for expansion to 34-36 teams (yuck) and more likely what happens is a couple Canadian teams get relocated to more stable markets in the US.
I wouldn’t want to see that for Canadian fans but if the owners are seeing 8-figure losses on repeat I’m not sure what their next move would be.
I wouldn’t want to see that for Canadian fans but if the owners are seeing 8-figure losses on repeat I’m not sure what their next move would be.
Takuto Maruki
Ideal and the real
Who is the mythical team that would get moved? Ottawa is now off the board with new ownership, and I already outlined why Winnipeg's issues are a nothing burger considering who owns the team and the wealth he has.
- Aug 24, 2011
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Jumptheshark
Rebooting myself
Before people get too political. I live on the UK and Canadas situation was discussed. Part of the problem is thar markets do not like instability and what causing currently causing the instability with the loony has to do with outside forces and what they doing is scaring prople
Voight
#winning
A God awful fiscal policy tends to have major impacts.
Golden_Jet
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- Sep 21, 2005
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Yes the US the might shut the government down again, because of the trillions added to debt each year.
Jumptheshark
Rebooting myself
This is not a political problem it is an economic problem.
Whenever the US has a strong economy it usually means the Canadian looney is week
Whenever the US has a strong economy it usually means the Canadian looney is week
If we use the JP Morgan info: https://assets.jpmprivatebank.com/c...otm/a-piece-of-the-action.pdf?cta=bodycontentStill lots of folks thinking that a second team for Toronto is in the next round of 4 - like it's Houston/Atlanta/Phoenix/Toronto and that's fait accompli .
Does someone have a quick breakdown of where North American NHL revenues (expressed in Euros, preferably
Given that the Canadian dollar has historically been impacted by the price of oil, and given that the projections for oil prices over the next 20 years seems to be maybe not so good, I'd suggest we're in for more of this in the coming years.
(Dear moderators, can we keep this one open? It's Christmas.)
On average in 23/24 a Canadian franchise brought in 6% more revenue (in US$) then the league average.
On the high end T.O and EDM brought in 31% more, on the low end OTT 64% of the league average.
