[News] Prelimnary cap projection for 24/25

[Paulie Walnuts]

https://twitter.com/user/status/1709673690005172722

[Robbob]

So expected to raise 3.5ish.

[Paulie Walnuts]

Originally Posted by Robbob

So expected to raise 3.5ish.

Seems pretty low, I wonder if this number helps with the Lindholm extension now that we have some insight.

I think a lot of people expected some big rises.

[Finger Cookin]

Praise be to Gamblor!

[Aarongavey]

Originally Posted by Paulie Walnuts

Seems pretty low, I wonder if this number helps with the Lindholm extension now that we have some insight.

I think a lot of people expected some big rises.

Unlikely to see big raises, tv revenue is flat and the NHL does not have a lot of other places to raise big money. Slow growth in the cap is what I think is expected by most knowledgeable observers.

4.5% to 5.5% hike, mainly because of the Covid debt being paid off I suspect.

[ForeverFlameFan]

Likely the amount increased in cap will be allocated for Lindholm’s raise.

[Jay Random]

Originally Posted by Aarongavey

Unlikely to see big raises, tv revenue is flat and the NHL does not have a lot of other places to raise big money. Slow growth in the cap is what I think is expected by most knowledgeable observers.

The cap right now is much lower than it should be based on revenues, because it was frozen until the escrow debt was repaid. I can't find a revenue figure online for 2022-23 yet, but league revenue for 2021-22 was $5.2 billion. Following the formula in the CBA, that was enough to support a cap of something over $93 million.

For '22-23 I can only find informed guesses, but the people in the know believe that revenue was higher than the previous year.

It will take several years of 5% growth in the cap to catch up with existing revenues, even if revenues do not rise at all in the meantime.

[ComixZone]

5% increase = 87.675M

[Mr.Coffee]

League makes too much. Sportsnet quality should be improving.

Next tv contract the NHL desperately needs to build in a quality minimum clause into their bid contract (that’s non-negotiable).

[AC]

Originally Posted by Mr.Coffee

League makes too much. Sportsnet quality should be improving.

Next tv contract the NHL desperately needs to build in a quality minimum clause into their bid contract (that’s non-negotiable).

We all know there's only one rule for Sportsnet broadcasts:

[butterfly]

Originally Posted by Mr.Coffee

League makes too much. Sportsnet quality should be improving.

Why would Sportsnet care how much the league makes? They have a near monopoly on the product unless you have ESPN+ or the Canadian equivalent so you can watch the other team's feed. Even then, you can be out of luck if it's two Sportsnet teams playing each other. And they'll still be making the same amount of money.

As you alluded to, there's zero incentive for them to improve the quality of anything.