Gary Bettman and NHL receive major news for future of the salary cap
In recent years, Gary Bettman and the NHL have made much more of a conscious effort to market and grow the game than they have in the past, specifically with the United States. The league's financial success directly impacts the product on the ice, as the salary cap moves with total league revenue. One of Bettman's biggest moves recently was moving the TV rights in the USA back to ESPN, and it seems it's paying off.
With the new TV deal in the United States, the total audience for hockey has increased by over 50% amongst ages 18-34, and it's making serious waves in growing the total NHL audience. The Penguins, Bruins, and Rangers are the biggest draws on television in the states currently.
Seeing this TV deal looking like a smashing success is fantastic news for the NHL and its fans. With revenues increasing rapidly and the value of advertising increasing, the salary cap will be due to see a massive leap forward. The cap is already going up by $4M next season, and with this success, it's possible we see more sizeable increases in the coming years. When the cap rises, teams have more flexibility with roster decisions and are more likely to keep their players in free agency, or sign new ones.
POLL |
JANVIER 30 | 518 ANSWERS Gary Bettman and NHL receive major news for future of the salary cap Will the Salary Cap go up at least $10M in the next two years? |
Yes | 342 | 66 % |
No | 137 | 26.4 % |
See Results | 39 | 7.5 % |
List of polls |
|
1 hour ago | By Ryan Hall Ticket prices for Team Canada and USA 4 Nations Faceoff Final will break the bank for fans |
|
1 hour ago | By Liam McCormick Nathan MacKinnon teases response to Team USA before rematch in 4 Nations Faceoff Final |
|
3 hours ago | By Liam McCormick Connor McDavid speaks on Team Canada's near collapse vs Finland, final matchup against USA |
|
5 hours ago | By Liam McCormick Swedish source reveals Mattias Ekholm health status and reason for scratch at 4 Nations |
|
6 hours ago | By Liam McCormick Two Oilers surprisingly scratched for elimination game at 4 Nations Faceoff |
|
8 hours ago | By Liam McCormick Team Canada announces starting goalie, lineup decisions before elimination game |
|
8 hours ago | By Liam McCormick Three Oilers veteran forwards may depart team as free agents this offseason |
|
19 hours ago | By Ryan Hall Team Canada forward Brandon Hagel says Team USA planned to play the Canadian way |
Previously on Oilers Daily