Breaking News - NHL makes a huge announcement about when the salary cap could rise
PUBLICATION
Joshua
August 24, 2022 (8:40 PM)
In 2021-2022, the NHL made record revenue with ads on helmets and is obviously better for it. With that record revenue, Gary Bettman and the owners saw fit, to make the NHLPA and players pay into escrow, for a problem not of their own creation.
With that, also a paltry raise of $1 Million of the salary cap, per team in the NHL in 2022-2023.
Bettman and the owners have decided to be a little more generous, now that they have 3 revenue sources on the uniforms now(Adidas included).
Must read on Bladeofsteel
Billy Daly and Gary Bettman, have confidence after making the NHLPA repay owners for lost revenue, as a result of the pause and loss of crowds in the past, they may raise the cap again significantly in 2023-2024.
This is after the owners made a Faustian bargain to include advertisements on the jerseys, after crying poor the past two seasons.
"I've seen some preliminary estimates recently which would make me more optimistic on the cap going up sooner whether that's in two seasons or three seasons, I think it's more likely than not two seasons rather than three," Daly said in an interview with Sportsnet's Elliotte Friedman and Jeff Marek from European Media Day on Wednesday.
Let's not forget the revenue brought in 2021-2022, was a record $5.3 Billion, for the sport.
It is Bettman's mismanagement of tv contracts to blame for the lack of popularity for the sport, which of course affects escrow and player contracts. If Bettman and Daly weren't operating like dinosaurs, progress could be made in growing the sport.
However, here we are as the NHLPA begs for scraps and Bettman still has a job.
Previously on Bladeofsteel
| POLL |
24 AOUT | 267 ANSWERS Breaking News - NHL makes a huge announcement about when the salary cap could rise Do you think the NHL should keep the salary cap? |
| Keep the current system | 100 | 37.5 % |
| Change to a soft cap | 89 | 33.3 % |
| Get rid of the salary cap | 78 | 29.2 % |
| LIST OF POLLS |
Latest 10 stories
