SBD/16/Leagues Governing Bodies

HURRICANE EFFECT? NHL GATE RECEIPTS UP "ONLY" 3.3%

          A "confidential" report obtained by Al Strachan of the
     TORONTO SUN shows that while NHL ticket prices "were up an
     average of 6.6% throughout the league this season, after-tax
     gate receipts increased by only 3.3%."  One of the "main
     reasons" was the relocation of the Whalers to NC, "where the
     average after-tax gate was only $198,705."  But "even if the
     Carolina figures had matched those from Hartford, league-
     wide gate receipts would not have increased at the same rate
     as ticket prices."  All figures are in U.S. dollars.  Other
     numbers showed that the Canadiens "were the only Canadian
     team" in the upper half of the league's receipts, with the
     fifth-highest total at $31.17M.  That represented a drop of
     2.1% from last season, despite a 1.8% increase in the team's
     average ticket prices.  Vancouver and Toronto rank 15th and
     16th in the league and have "similar totals," a little more
     than $21M.  Strachan writes that the Flames rank 24th in
     receipts and are "in danger of having the league's lowest
     gate receipts within two years."  Among the Stanley Cup
     participants, the Red Wings had the third-highest gate
     receipt in the league, while the Capitals are second-to-
     last, ahead of only Carolina (TORONTO SUN, 6/16). 
          BONUS BABIES: With final figures yet to be determined,
     the total amount of monetary awards provided by the NHL for
     playoff and regular season bonuses will be $11M, an increase
     of $1M from last season.  Of the $10M awarded last year,
     nearly $7M went to playoff bonuses (WASHINGTON POST, 6/16).

Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug