Americen $,CaptainShark said:Are these franchises paying their players in US$ or in Canadien $?
Gurj said:Americen $,
Seriously - The Canadian teams take most of their revenue (from the gate) in Canadian $, but all player contracts are paid in American $ - not so bad now that the exchange rate is about 1.25:1, but about 3 years ago it was 1.55:1
The Canadian teams now pay their players in US dollars.CaptainShark said:Are these franchises paying their players in US$ or in Canadien $?
This equalization plan by the way has been contested by the NHLPA in the past - can't remember the exact reason, but I remember shaking my head when I read a couple of years ago....Wetcoaster said:The Canadian teams now pay their players in US dollars.
The NHL operates a currency equalization plan to assist the Canadian franchises.