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Originally Posted by Aarongavey
The likelihood that NHL revenue in 8 years is 7.3 billion which it would have to be for the cap to go up that much has to be extremely low. Next Canadian TV contract is probably worth less. Doubt the next US TV contract goes up by much. So they would have to more than double ticket prices to make up for flat TV revenue. Would people pay nearly a thousand bucks for two lower bowl seats on Tuesday in November to see the Flames play the Columbus Blue Jackets? Maybe
The only reason the cap is going up significantly in the next two years is because the players had to pay back for money owed over Covid. Revenue was expected to be 5.7 billion last year https://www.nhl.com/news/nhl-salary-...ason-338733940
Players share of 5.7 billion would be about 89 million a team. For the cap to be anywhere near 114 million in 8 years revenue would have to be well north of 7 billion. In the last year before Covid NHL revenue was about 5.1 billion (18/19). In 4 years it went up by 600 million, over half of which was driven by a 7 year US TV deal they signed that increased revenue. That US TV money will be flat through 2029. So in 4 years they increased non-TV revenue by less than 300 million. To hit a big bump anytime after 2025 the NHL will have to bump non-TV revenue by another 600-800 million bucks. |
But the gambling corporations and rink ads have added so much value!