Skip to content

Report: NHL revenue at $3.7 billion, salary cap could exceed $70 million

Jun 9, 2014, 11:26 AM EDT

Gary Bettman Getty Images

It’s no secret that business is booming for the NHL but the numbers are looking a bit better than expected.

Chris Botta of Sports Business Journal reports the league’s national revenue hit $3.7 billion. Botta adds that the new Canadian television deal that kicks in next season will likely bring those totals over $4 billion next near.

With that kind of haul and how it’s linked to the league’s salary cap, the original conservative estimate of just under $70 million is likely wrong and James Mirtle of The Globe And Mail points out the cap will likely be around $70.6 million for next season, which is closer to an estimate that was made in December.

That’s not all.

That kind of escalation is great news for teams with money and cap space to spend to either retain their own free agents or help unrestricted players to cash in heavily. And you guys thought Thomas Vanek wouldn’t cash in this summer.

With that kind of money set to start floating around, prepare your outrage machines when seemingly average players start making the big bucks.

Latest Posts
  1. Oilers GM doesn’t anticipate a trade before training camp

    Sep 1, 2014, 9:01 PM EDT

    2014 NHL Draft - Round 1 Getty Images

    Edmonton wants to assess Leon Draisaitl, it seems.

  2. Challenging early schedule looms for Sharks

    Sep 1, 2014, 7:33 PM EDT

    Antti Niemi, Marc-Edouard Vlasic AP

    Sixteen of their first 21 games are on the road.

  3. Workhorse goalies, forwards from last season

    Sep 1, 2014, 6:05 PM EDT

    2014 NHL Stanley Cup Final - Game Five Getty Images

    Part two of today’s Labor Day posts.

  4. NHL’s hardest working defensemen in 2013-14

    Sep 1, 2014, 4:22 PM EDT

    Minnesota Wild v Chicago Blackhawks - Game Five Getty Images

    Part one of two Labor Day “theme” posts.

  5. Johnston believes Pouliot’s ready for NHL

    Sep 1, 2014, 2:55 PM EDT

    Derrick Pouliot Getty Images

    The new Penguins bench boss previously coached the young defenseman.

  6. Hitchcock: Cole has opportunity to be top-six defenseman

    Sep 1, 2014, 1:30 PM EDT

    Ian Cole Getty Images

    The 25-year-old has been fighting for playing time since he broke into the NHL.

  7. Yeo to split Wild’s first three preseason games among three goalies

    Sep 1, 2014, 12:10 PM EDT

    Josh Harding, Niklas Backstrom Josh Harding, Niklas Backstrom

    He might pick an opening game starter after that, but the battle for the top spot is likely to extend into the season.

  8. Five interesting players still on UFA market

    Sep 1, 2014, 10:46 AM EDT

    Ilya Bryzgalov Getty Images

    Will they have contracts by the start of the season?

  9. Boudreau thinks Heatley’s a better fit with Perry/Getzlaf than Penner

    Sep 1, 2014, 9:25 AM EDT

    Edmonton Oilers v Minnesota Wild Getty Images

    Last season’s experiment ended with Penner being traded.

  10. Trotz will still cheer for Preds ‘like crazy’

    Aug 31, 2014, 11:01 PM EDT

    Barry Trotz AP

    He continued to follow their summer moves after he was fired.

  11. Lombardi brings Stanley Cup to Snoopy

    Aug 31, 2014, 9:44 PM EDT

    Dean Lombardi AP

    The late creator of Peanuts was a big hockey fan.

  12. Columnist: Schultz deal might complicate Avs’ talks with RFA Barrie

    Aug 31, 2014, 8:26 PM EDT

    Tyson Barrie Getty Images

    The Colorado defenseman is still a restricted free agent.

  13. Scioscia wants MLB to adopt NHL-inspired roster expansion rules

    Aug 31, 2014, 7:03 PM EDT

    Mike Scioscia AP

    “I think that would make it a little more equitable for match-ups.”

  14. Hextall: Advanced statistics small, but meaningful part of Kings’ success

    Aug 31, 2014, 4:22 PM EDT

    Ron Hextall Getty Images

    He served as an assistant general manager in Los Angeles before coming to Philadelphia.

  15. Gagner looking for fresh start in Arizona

    Aug 31, 2014, 3:02 PM EDT

    Sam Gagner AP

    After matching a career-low in goals during the 2013-14 season, he’s hoping for big things with the Coyotes.

  16. Report: Devils sign Kelly

    Aug 31, 2014, 1:30 PM EDT

    Image (1) NewJerseyDevils_logo-thumb-250x243-22093.gif for post 6122

    Add depth to blue line in Albany.

  17. Hayes sees opportunity with Rangers

    Aug 31, 2014, 12:03 PM EDT

    Kevin Hayes Getty Images

    Hopes to play in the NHL in 2014-15.

Top 10 NHL Player Searches
  1. D. Alfredsson (1911)
  2. B. Bishop (1879)
  3. M. Fleury (1710)
  4. C. Anderson (1462)
  5. J. Schultz (1458)
  1. D. Krejci (1428)
  2. J. Boychuk (1422)
  3. E. Staal (1349)
  4. D. Setoguchi (1256)
  5. R. Lehner (1252)