Nov 24, 2012, 10:00 AM EDT
NHL commissioner Gary Bettman estimated on Wednesday that the NHL is losing between $18 million to $20 million per day as a result of this lockout, based on a Globe and Mail report. That’s unfortunate, but of course they aren’t the only ones losing money over this work stoppage.
The tourism bureau VisitPittsburgh did a study and found that each Pittsburgh home game generates $2.1 million worth of local revenue. Somewhere in the range of $1 million and $1.3 million goes to the Penguins, while others businesses like restaurants and hotels collect the rest, according to the Pittsburgh Tribune-Review.
That information seems all the more relevant after the NHL canceled all contests from Dec. 1-14 yesterday. That took three Penguins home games off the map. While they could still be replaced if the season is saved, as things currently stand those canceled games alone might cost local businesses more than $2.4 million and the Penguins even more than that.
And of course, that’s just the impact of one out of 30 teams. On top of that, a Winter Classic and an All-Star Game have been lost — both of which could have bolstered local economies and attracted tourism.
The question is how much more money will slip away from businesses that would otherwise benefit from the NHL before this lockout ends.
May 27, 2015, 11:47 PM EDT
He wasn’t the only Anaheim player that deserved to be blamed tonight.
May 27, 2015, 11:01 PM EDT
Chicago endured Anaheim’s comeback attempt to win this one.
May 27, 2015, 10:29 PM EDT
The Ducks might have caught a break there.
May 27, 2015, 10:08 PM EDT
He has seven goals in 15 playoff games.
May 27, 2015, 9:46 PM EDT
Chicago scored three goals within four minutes.
May 27, 2015, 9:32 PM EDT
Jordan Weal has been a big part of Manchester’s success.
May 27, 2015, 8:09 PM EDT
Chicago’s mixing things up for this must-win game.
May 27, 2015, 7:04 PM EDT
She’s previously been warned that this course could lead to her being found in contempt.
May 27, 2015, 6:06 PM EDT
Anaheim has a chance to advance to the Stanley Cup Final tonight.
May 27, 2015, 5:24 PM EDT
After just one year in Pittsburgh.
May 27, 2015, 4:43 PM EDT
The ladies sure loved that guy.
May 27, 2015, 4:16 PM EDT
One of the many decisions facing new GM Don Sweeney.
May 27, 2015, 3:49 PM EDT
Game 7 of the Eastern Conference Final goes Friday at MSG.
May 27, 2015, 3:27 PM EDT
The two men worked together for a season in New Jersey.
May 27, 2015, 2:40 PM EDT
Tomas Fleischmann likely on his way out.
May 27, 2015, 2:21 PM EDT
“We’re going to be embedded in this community.”
May 27, 2015, 1:46 PM EDT
“I get the fact there were three goals that went in that were ugly. That’s the growth of a young player.”
May 27, 2015, 1:09 PM EDT
Either way, Kimmo Timonen is likely out.
May 27, 2015, 12:39 PM EDT
Rangers forward has had issues with it thus far.
May 27, 2015, 12:32 PM EDT
Former Panthers and Devils coach will take over a team that missed the playoffs for the first time since 2003.
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