01.06.2006
NHL agents get good news from NHLPA on revenue
The NHL's revenue will surpass initial projections by $300-million, the players association told agents at a meeting yesterday.
The National Hockey League Players' Association's executive director, Ted Saskin, met with 115 agents during a nine-hour gathering and provided good news to the player representatives. The final numbers won't be tallied until the end of June, but league-wide revenue will likely exceed $2.1-billion, easily topping the $1.8-billion estimated for this season in the new collective labour agreement.
The larger revenue figure also means this year's $39-million salary cap will go up for next season, likely to between $43-million and $45-million.
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