Behind Enemy Lines
Registered User
The key for revenue growth in all the major North American sports has been to grow the pie with broadcasting rights and national level sponsorships. The NHL is has the highest percentage of revenue tied to tickets but has been steadily trying to reduce this given its volatility and fixed reality of capacity restraints of buildings.When they talk about the cap rising to $100M my first thought is where is this money going to come from? Then I remember some buddies back in the 1990's who were broke but actually borrowed money from the bank to buy Oiler season tickets. The bottom line is that people will pay big bucks for live events even if they can't really afford it.
Me too. The players have had a great season and a very memorable one.
Sweet.
The NHL is VERY fortunate to have an Edmonton fan market that fills buildings good times and bad and in those great times show little resistant to ticket pricing. They also prioritize their discretionary spending around the hockey team in good years and bad. Your friends are a great example of that unique phenomena. Truly an exceptional fanbase.
Big picture though its grow out the below 49th parallel footprint and grow the big picture pie through broadcast and national sponsorships, merchandise etc.