Quote:
Originally Posted by CaptainCrunch
I'm not a cap guy, but I don't get how the cap is going up like it is. I mean fine Vegas is there, but that's just adding a larger pool of money to a larger pool, it shouldn't be bumping everyone's cap from 3 to 5 million bucks.
I mean frankly isn't a 3 million dollar increase equivalent to about $500 million in increased revenue?
I'm watching quite a few games and seeing a lot of empty seats in a lot of rinks including Vancouver and Ottawa, so I'm not sure how that makes sense.
|
A $3 million increase in the cap would mean a $6 million per team increase in revenue (since the players get 50%), or $186 million overall.
Vegas so far appears to be doing above-average in attendance. As a new team, their merchandise sales are likely strong as well. On the flipside, now that there are 31 teams, any league-wide contracts will have their money split 31 ways instead of 30. All-in-all Vegas isn't likely affecting the cap much one way or the other.
The Canadian dollar is stronger now than it was last season, but it's not that much stronger. In the past, I've heard that about 1/3 of league revenue is in Canadian dollars. If that's accurate, a 2% increase in the value of the Canadian dollar would increase league revenue by less than 1%.
Not only does attendance overall tend to be down this year, but they don't have as many outdoor games to boost things this year either. There are only 3 outdoor games this season (compared to 4 last year), and none are in the huge NFL stadiums we've seen in the past.
I'm also confused as to where all this extra money is coming from.