Posts About "Business of Hockey"
NHL Franchises Decide to be "Win Maximizers" or "Profit Maximizers"
March 11th, 2019 Before and during the NHL Trade Deadline, franchise decision-makers are forced to evaluate some factors that will affect the direction the organization will take for the remainder of the season. First and foremost, they need to decide the team's chances of nailing down a playoff spot and what are the prospects of playing in multiple...
Flames Prospect Josh Healey Delivers Hits Both on and Off the Ice
February 16th, 2019 Josh Healey is both a professional hockey player and an entrepreneur who remembers the challenges he faced when he was younger and looking for direction in his hockey career. Because he was too small to be considered a serious prospect for the WHL, he decided to play in the Alberta Junior Hockey League (AJHL) for the Sherwood Park...
Buyer Beware: NHL Player Contract Risk
December 21st, 2018 For over three decades, my most important role as an Investment Advisor was to reduce and mitigate investment risk while building client wealth. I achieved this by using a risk management technique called diversification. The goal was to develop a portfolio of securities that would meet the client’s tolerance for risk while achieving...
Dear NHL, Time to Move on from Arizona
November 17th, 2017 Dear NHL, It's time to move the struggling Arizona Coyotes franchise. It's been 21 years since Commissioner Gary Bettman proudly relocated a franchise to the state of Arizona, and 21 years later the original vision has yet to come to fruition. The Coyotes were supposed to be one of the thriving sun belt franchises in Bettman's...
Where Are NHL Salaries Going?
June 22nd, 2017 NHL players are unlikely to receive the headline contract salaries you see proposed, traded and debated this week because the actual cash players receive is subject to a higher power: NHL revenues. Players are only entitled to share 50% of the total revenues of the League, a number which is typically less than their contracts' total....
Not Your Typical Stanley Cup Final Primer
May 29th, 2017 The 2017 Stanley Cup Final stage has been set. The Pittsburgh Penguins will try to become the first team since the Detroit Red Wings in 1997-98 to win consecutive Stanley Cups, while the Nashville Predators will try to bring home the Cup in their first try. Offense vs. Defense It promises to be a matchup of great offense vs. great...
