Thought the bit on Canada TV from the recent
Forbes valuation article should be included here.
Quote:
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Originally Posted by Mike Ozanian from forbes.com
Canada will soon be bringing the NHL more wealth. The league's six year, $600 million television deal with CBC, which includes Hockey Night in Canada, expires after this season. The renewal of that deal will likely see CBC share some games with TSN or Rogers Sportsnet, and go for around $200 million a season, surpassing the 10-year, $187 million a season national broadcast agreement the NHL has with NBC Sports that began with the 2011-12 season. Such a deal would mean a bigger increase in revenue for Canadian teams because even though 65% if they (sic) money will go to the 23 U.S. franchises, on a per-team basis the 7 Canadian franchises will get almost double the amount of their American rivals.
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1) Sportsbusinessdaily.com and forbes.com seem to be wildly apart on the value of this deal. The former placing it between $350-$400 million, the latter at ~$200 million. Mind you Forbes could be talking about the HNIC deal only, whereas the initial article in this thread seems to be looking at all national broadcast agreements.
2) Going with the $200M figure, this would work out to be $6.67M in HRR for each team, so $3.33M to the salary cap. However, if the 7 Canadian teams split 35% of this revenue, that means Canadian clubs are getting $10M each in real money, while the US teams would get ~$5.65M each.
That means that the cap amount from this revenue is basically entirely subsidized for the Canadian teams. Whereas the US teams would have the HRR going up by $1M more than they actually receive.
Just an interesting insight into the breakdown of this stuff.