Posts About "Business of Hockey"
Are Monthly Passes the NHL's Next Ticketing Innovation?
September 30th, 2019 Over the past few weeks, stories about the worries of NHL attendance have been drastically overstated. It all started with a Canadian Press article that claimed NHL teams were worried fans would rather stay home and watch the games in lieu of going to the arena. The Associated Press cited the rebuilding Detroit Red Wings as their main...
NHL Business Line: Looking to Help Build Stars' Profiles
September 27th, 2019 Next Wednesday the NHL drops the puck on its 2019-20 season and with that date hurling towards us the league has had a flurry of newsworthy items. This column, NHL Business Line, will be a weekly publication that takes a look around the business of hockey and reports back noteworthy pieces. Some of this week's top items include the...
What California's New NCAA Law Means for College Hockey
September 13th, 2019 Compared to other major North American sports, college hockey lacks influence and attention, as the sport's top talents are already either playing professionally or in a multitude of major-junior leagues. College hockey may not carry the same weight as college football or college basketball in developing their sport's next young stars,...
NHL Game Jersey Sponsorship: 'Low Hanging Fruit' Revenue Source
March 24th, 2019 Sponsorship advertising on team jerseys is not new to the NHL. The idea was test marketed by the league at The World Cup of Hockey in 2016. SAP, the German multinational software company, and an NHL corporate marketing partner, was the sponsorship advertiser for all the competing teams’ jerseys. This decision prompted widespread...
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...
NHL Escrow & Growing Tensions
May 14th, 2017 If you've ever read about the salary cap in the NHL, you've probably come along the term "escrow." Upon first glance, it's not the prettiest of words and when you dive down deeper, it only gets more ugly. Escrow on its own is defined as "a deed, a bond, money or a piece of property held in trust by a third party to be turned over to...
Winning Truly is Everything for Panthers
October 23rd, 2015 Though winning the Stanley Cup is the goal of all thirty NHL clubs, for some teams, a deep playoff run can be the difference between red or black ink on the balance sheet at the end of the season. While many traditional-market clubs face intense pressure to win from fans and media, Florida's pressure is primarily financial. For the...
KHL Business: 25 million Dollars To Win Regular Season Title
March 2nd, 2015 25 Million Dollars is what CSKA Moscow spent this year to win the Regular Season title in the KHL, according to ProSport.ru, who in turn used the public information archives released by CSKA Moscow on their official site regarding their expenses. The world-famous Russian club, who is now up 2-0 in their first round playoff matchup...
