Quote:
Originally Posted by The_Rug
Does anybody know if the sources of HRR are defined? Is it everything entering there owners bank accounts (tickets, merch, concessions, advertisement revenue, TV deals. etc?) Or is there a specific list? In my mind, the whole business is hockey related revenue, but I know nothing about it.
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There is a list in article 50 of the CBA. It's quite a long list and there is a paragraph-long definition for each item, so I won't quote it here, but I can assure you it gets quite specific.
The thing is, ‘the whole business’ is not hockey-related revenue if the owners also manage the arena and book it for other events, or if there is a second tenant that shares in luxury-box revenue, or if more than one sports team is owned by the same company. (I believe all three of these conditions apply to CSEC.) So the intent of the exact definitions is to ensure that the players aren't grabbing 50% of revenue from non-NHL events in the arenas.