Anaheim Ducks on the Forbes The Business of Hockey List
Ottawa Senators on the Forbes The Business of Hockey List
Winnipeg Jets on the Forbes The Business of Hockey List
You may want to rethink that assertion. Gate receipts especially the Jets clobber them. And if anyone accounted for merchandising revenue, which the NHL collects, I guarantee the city of Winnipeg is contributing a greater share than the city of Anaheim, by quite a margin. The drawback is seating capacity. The Jets arena is the smallest by a country mile.
But the rest of what you say is true. The NHL eats off the revenues of New York, Toronto, Montreal. Chicago and Boston are big drivers of revenue as well. Florida is a joke. But they built an arena for hockey before Quebec did. They have #1 and #2 on Bettman's list of franchise needs. Arizona has less than that. All 3 suburban arenas in the NHL are black holes, so that's something that needs to be addressed. Too bad for Quebec, but when old man Jacobs kicks the can, they'll get in. Bettman will gone by then too.
I was under the impression that Winnipeg was still receiving north of $16 million annually in public assistance, something that would be included in their income statement but isn’t actually operating revenue. Something which Anaheim only got 1 million and change in and that was for their practice facility.
To run through this again....
"The NHL eats off of....." is a completely meaningless statement. The NHL itself hardly exists as an entity with its own financing. Each team is on its own, for the most part.
There are shared revenues. The shared revenues are:
National TV contracts
Merchandising and national sponsorships
There are redistributed revenues. These are, by CBA, 6% of total league revenues, and are shared from 10 or 11 teams to the rest (I don't know how the CBA was amended when Vegas joined, that's the reason for the 10/11 question).
Of these revenues, 50% come from the top teams. That means that 3% of league wide revenues are shared from those high-income markets. 3%. That's very little. It's equivalent to one more team in the league. It's a bit, but not very much.
The next 35% come from playoff ticket sales. While there is no doubt that playoff ticket sales would be very high priced in Toronto, Montreal and at MSG, it's also true that only 1 of those even qualified this year. This means that money from Tor, Mont and the Rangers hardly contributes to this piece.
Point being: No team continues in its present market because the league takes money from Toronto, Montreal and NY and gives it to them.
Next point:
Some markets receive subsidies from local government. Among the ones who do are Winnipeg and Florida. Let's examine that....
Florida: As mentioned before in another thread, Broward County and the Panthers organization recently amended their lease. It now runs through 2028. In that lease is a decreasing subsidy from Broward. The fact that the subsidy decreases from 12M to 2M a year suggests that the idea is that the team needs this time to penetrate the market. Whether that will happen or not, I don't know. But the fact of a payment remains.
Winnipeg: The organization TNSE receives 12M or so from Winnipeg. The vast majority of this is because of other business NOT connected to hockey at all. The Jets, however, are not the cash cow that some expected they would be. They are consistently in the 15-20 range in revenue. Some of that is due to the CDN dollar. Some is due to the size of their arena.
As to how those relate to Quebec:
Compared to Winnipeg
Arena: Bigger
Population served: Similar, perhaps slightly larger
Benefit to league wide shared revenues: Almost nothing, in actuality (same as Winnipeg)
In short, no matter how you try to slice it:
There is very little reason for league offices (BOG) to try to force a move from Florida to Quebec. Quebec, while it would be a stable franchise, adds little to the league's future. (This was also true of Winnipeg). To the BOG, it's better to have a team in Florida, because of the exposure to the US TV.
Which means, again, that Quebec will only get a team if some current team is bleeding cash enough that it needs to move.