Things keep piling up for the NHL, and not in a good way. Bond and Credit Rating Agencies have placed the NHL on a 'watch list', particularly if the rest of the season and the playoffs are flushed away.
This is understandable. Unlike some of the other professional leagues with massive T.V. contracts; the NHL still relies pretty heavily on gates, merchandise revenues, concessions, etc....the kind of revenue that can only be generated by fans physically attending the games.
And an as aside, I see Pierre McGuire of NBC Sports is predicting the salary cap could decline as much as 30 percent next season. This would be a calamity for teams, players and their agents....and would likely trigger a flurry of buy-outs and even bigger problems for UFA's and RFA's.
This thing is getting ugly, fast.