Menu
Leagues and Governing Bodies

Team execs cheer long-term deal

The new CBA was never going to make all of the owners of the league’s 30 teams happy, but NHL Commissioner Gary Bettman attained the eventual 50-50 split of hockey-related revenue that all of his bosses craved, along with gaining certain concessions from the NHL Players’ Association — including player contract term limits (seven years, eight to re-sign a player) — that a majority of them wanted.

“The support for Gary is strong,” said Montreal Canadiens owner Geoff Molson. “Getting this deal was not an easy task. It’s a pretty important accomplishment.”

Asked if the new collective-bargaining agreement is beneficial for his big market team, Vancouver Canucks general manager Mike Gillis said, “It’s a great deal for hockey. The welfare of all of the teams is important to all of us. As far as we’re concerned in Vancouver, we can make this work and be competitive. You never know: Market conditions change and things happen, but it’s a step in the right direction for the health and vitality of all the teams.”

Bettman
Photo by: GETTY IMAGES
Bettman will have his detractors, as he has in the past, but they have never gone on the record with their discontent. Don’t expect that to change.

Owners and club executives last week were reluctant to discuss in detail what the big pluses, from their perspective, in the new CBA — the clawback in the players’ share of revenue, for example — could mean for their clubs.

“There are still lots of things that need to be digested,” said general manager Kevin Cheveldayoff of the small-market Winnipeg Jets. “We’ll sit down as a group and look at our business model and see how this new deal helps everything fall into place.”

Team governors seem to agree, however, that the commissioner’s biggest gift to the owners was a 10-year term for this CBA, with opt-outs for both sides after eight years.

“The most important element to us is that it’s a long-term deal,” Molson said. “It gives us a chance to focus on our core business, hockey, for a long time without any disruptions.”

Bettman is under contract until 2016. Now that the heat from labor negotiations has ended, he should have little problem seeing the end of his current deal.

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Journal/Issues/2013/01/14/Leagues-and-Governing-Bodies/NHL-Bettman.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Journal/Issues/2013/01/14/Leagues-and-Governing-Bodies/NHL-Bettman.aspx

CLOSE