the NHL has, and will remain to be in the near future, a GATE DRIVEN league.
while the NHL still makes a substantial amount of money off TV (probably in the $300M range now), it pales in comparison to the amount from the gate.
the numbers above are from 02-03 and ticket prices haven't gone down a lot (if at all) but attendance has risen.
now if a person goes to a game for free, it will skew the amount of money made on "gate receipts" however, how often will a person go to a game for FREE and not pay for a souvenir or something to eat/drink?
so attendance is rising, which is good, because if it does not add an increase in gate receipts (which for the majority it does), it should result in an increase in "in arena revenues" anyway.
Again, as posted above, NHL teams were bringing in about $15M/team from "broadcasting" but now that they lost at least $60M from that number due to the move from ABC/ESPN to VS, it is down to $12-13M/team.