View Single Post
Old 02-01-2022, 01:29 PM   #155
sureLoss
Some kinda newsbreaker!
 
sureLoss's Avatar
 
Join Date: May 2004
Location: Learning Phaneufs skating style
Exp:
Default

As expected, other teams are upset about the ASU arena. Some say the Coyotes should be excluded from revenue sharing.

https://theathletic.com/3096608/2022...shared_article

Quote:
The exact formula isn’t made public, but NHL revenue sharing is set up where teams within the top third of the league financially share revenues with the bottom two-thirds. The closer a team is to the bottom of the financial spectrum, the more they receive. The Coyotes’ plan to play at Arizona State would almost assuredly make them No. 32 in revenue. The franchise is already the least valuable in the NHL, according to rankings by both Forbes and Sportico.

“They should be excluded from revenue sharing. Why should they be rewarded?” said an executive whose team is also on the receiving end of the league’s revenue-sharing agreement. “My owner is pissed about it, other owners are pissed about it. I’m sure the players are also pissed about it.”
sureLoss is offline   Reply With Quote
The Following User Says Thank You to sureLoss For This Useful Post: