Soundwave
Registered User
- Mar 1, 2007
- 73,395
- 29,368
There's a good thread on Reddit posted by a user named tkecanuck341 that discusses the fact that at 6.43 billion in NHL revenue for 22-23, the NHL is millions behind what the cap actually should be based on a 50-50 HRR split:
He goes into big detail on it, but more or less I believe he is correct. 6.43 billion in HRR is 32% higher than the 4.86 billion it was in 18-19, the last year before COVID hit, when the cap used to be 79.5 million. An increase of 32% over 79.5 mill cap (as it was in 18-19) would be 105 million almost. Now granted there's an extra team in Seattle (32 teams instead of 31), but still the cap should probably be over $100 million based on revenue already.
This has been held back because the players had to pay back the owners for losses during COVID, but that was fully paid off last season already I believe, two years ahead of schedule.
Now I believe the NHL has a mechanism where the cap can only rise so much the next two years (6%?) because of COVID conditions, but after that, that stipulation goes away.
I wonder how the NHL will handle this? Maybe they allow the cap to hit 100 mill for the 25-26 season to prevent a massive spike the following year? Revenue is headed towards 7 billion in 2 years, on a 7 billion HRR 50-50 split between owners and players, the cap should be a whopping $110+ million approximately.
How much longer do we think the players/PA will accept far less than 50% of HRR that they're entitled to now that the COVID debt is paid off?
He goes into big detail on it, but more or less I believe he is correct. 6.43 billion in HRR is 32% higher than the 4.86 billion it was in 18-19, the last year before COVID hit, when the cap used to be 79.5 million. An increase of 32% over 79.5 mill cap (as it was in 18-19) would be 105 million almost. Now granted there's an extra team in Seattle (32 teams instead of 31), but still the cap should probably be over $100 million based on revenue already.
This has been held back because the players had to pay back the owners for losses during COVID, but that was fully paid off last season already I believe, two years ahead of schedule.
Now I believe the NHL has a mechanism where the cap can only rise so much the next two years (6%?) because of COVID conditions, but after that, that stipulation goes away.
I wonder how the NHL will handle this? Maybe they allow the cap to hit 100 mill for the 25-26 season to prevent a massive spike the following year? Revenue is headed towards 7 billion in 2 years, on a 7 billion HRR 50-50 split between owners and players, the cap should be a whopping $110+ million approximately.
How much longer do we think the players/PA will accept far less than 50% of HRR that they're entitled to now that the COVID debt is paid off?
Last edited:
