Quote:
Originally Posted by TurnedTheCorner
Thought the bit on Canada TV from the recent Forbes valuation article should be included here.
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. |
It could be worse for the Americans, the Canadian teams could have kept the Canadian broadcast rights for themselves. They got greedy and both sides agreed to share both the Canadian and American rights as the Canadians thought the American rights would be more valuable. We all know how that has worked out with Gary at the helm.