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SBD/June 16, 2014/Leagues and Governing Bodies
Despite NHL Seeing Revenue Growth, Large Earnings Disparity Remains Among Teams
Published June 16, 2014
CAP IMPLICATIONS: The GLOBE & MAIL's James Mirtle notes based “purely on the NHL’s projected revenues” of $3.7B this season, the salary cap will rise to "roughly" $69.5M next season -- "a noteworthy 8 per cent increase that is in line with what we’ve seen in the past.” Sources said that there is a “distinct possibility” that the NHLPA will “negotiate to include the new Canadian television deal in the cap formula right away.” A decision on this front could have “major implications for the cap.” The Rogers deal is “so substantial it could mean an increase of a few million dollars, which would result in the NHL’s biggest single-season jump ever.” The final cap number "has to be in place by late June so negotiations need to happen on this fairly soon” (GLOBE & MAIL, 6/16). In California, Mark Whicker writes the NHL’s revival is “caused by a financial, artistic and cultural convergence.” Whicker: “Hockey was always cool. Now it’s cool to admit it.” The NHL salary cap has “rewarded the strategic and punished the undisciplined” (ORANGE COUNTY REGISTER, 6/16).