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Originally Posted by MJK
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Bettman “this team used to write a cheque for revenue sharing and for the last years they have received a cheque and its getting bigger.”
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This is a good thing and I hate that King and Bettman are trying to spin it as a negative.
We're one of the smallest markets in the league, playing in one of the oldest buildings in the league. We shouldn't be sending money out of Calgary to prop up struggling teams in other larger markets that play in newer arenas.
I don't know what the numbers look like, but if the Flames were previously paying $3 million a year into revenue sharing, and are now receiving $3 million a year from revenue sharing, that's a $6 million swing, and pretty much covers the difference between where the City and CSEC is on the financing agreement.
If the implication is that any team that receives revenue sharing is a struggling market, that means half the teams in the league are struggling because the revenue sharing system is set up for half the teams to receive revenue sharing every season.