HFNHL Commish
Registered User
- Feb 28, 2002
- 1,355
- 8
Gentlemen,
Since I'm up to my eyeballs in work, I'll make this quick...
After some debate, the league admin has decided to move forward with a $44.0M salary cap for the 2007-08 season. For those of you that weren't even aware that this was an issue, my apologies.
For those of you who might be concerned that the HFNHL's revenue structure doesn't support a higher cap number, the league admin has addressed those concerns by instituting a "TV revenue" add-on for the 2007-08 season. This add-on will be 10% of the cap, or $4.4M, spread evenly across all 30 teams. No change will be made to the existing endorsement deal structure. The thinking here is that average regular season revenue is about $28M per team. TV revenue will be responsible for closing a portion of the gap between game revenue and the cap. The remaining gap is where individual GMs will succeed or fail financially.
Any questions?
Matt Gledhill
HFNHL Commissioner
Since I'm up to my eyeballs in work, I'll make this quick...
After some debate, the league admin has decided to move forward with a $44.0M salary cap for the 2007-08 season. For those of you that weren't even aware that this was an issue, my apologies.
For those of you who might be concerned that the HFNHL's revenue structure doesn't support a higher cap number, the league admin has addressed those concerns by instituting a "TV revenue" add-on for the 2007-08 season. This add-on will be 10% of the cap, or $4.4M, spread evenly across all 30 teams. No change will be made to the existing endorsement deal structure. The thinking here is that average regular season revenue is about $28M per team. TV revenue will be responsible for closing a portion of the gap between game revenue and the cap. The remaining gap is where individual GMs will succeed or fail financially.
Any questions?
Matt Gledhill
HFNHL Commissioner
Last edited: