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NHL plans additional 1Billion in revenues over next 3 years.


Guest hf101

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The NHL plans to add $1 billion in national revenue over the next three seasons.

 

Some of the planned projects include:

 

■ Expansion of the league’s core businesses: media, licensing and sponsorship.
■ The NHL’s big-event strategy, which in 2014 includes the Winter Classic and Heritage Classic and four additional outdoor games in major markets branded as the Coors Light Stadium Series: two games at Yankee Stadium and one each at Dodger Stadium and Soldier Field.
■ An increased presence in Europe, with more regular-season NHL games overseas, the return of the World Cup of Hockey — which, in 1996 and 2004, featured eight top national teams in a tournament in August — and plans for a Champions Cup competition between top European and NHL clubs.
■ Securing new Canadian media rights deals, which would begin in 2014-15.

 

 
 
I'd like to see the World Cup back into play.  Not sure what that would mean for the Olympics though, as some have suggested this will be the last one the pros play in.

 

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@hf101  One billion, huh?  Yet, a mere 6 years from now, the NHL will again cry poor, and explain how the business model does not work. I guess it's ok to proclaim a billion here and there so close to the CBA being signed, but magically, we will here none of this stuff once the NHL starts to gear up for the next work stoppage. Unreal.

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So, $1B over three years. 50/50 split of revenue. $500M in new "player" revenue, over 30 teams.

 

That's an extra $16M per team on the cap (which is already likely to vault up past $70M next year anyway).

 

How does a $88M cap sound three years from now, following the "economic necessity" of a $64M cap this year?

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@hf101  One billion, huh?  Yet, a mere 6 years from now, the NHL will again cry poor, and explain how the business model does not work. I guess it's ok to proclaim a billion here and there so close to the CBA being signed, but magically, we will here none of this stuff once the NHL starts to gear up for the next work stoppage. Unreal.

 

Yup.

 

And a whole heap of fans will forget it all and once again talk about the game being killed by overpaid players.

 

JR

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