sawchuk1971
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- Jun 16, 2011
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https://thehockeywriters.com/the-nhl-is-thriving-under-gary-bettman/
this article shows the positive side of bettman's tenure as NHL commissioner...
the business side...
increased revenues...
this article shows the positive side of bettman's tenure as NHL commissioner...
the business side...
The case against Bettman is in part a reaction to the lockouts on his watch. While a legacy of lockouts is hardly good the NHL is reaping the benefits today. Before the 2004 lockout, there was absolutely no balance in the NHL. If you're a rich team in the NHL, you could throw everything into the kitchen sink at the most free agent.
Take, for example, the Flyers. In 2004 the Flyers were one of the best teams in the Eastern Conference and had their fair share of really decent players. Primeau, LeClair, Recchi, and Roenick were all Flyers at the time. The Flyers had $ 22 million tied up in just three of those players. Why? Because they could. As I mentioned above, the Flyers are owned by Comcast, so their pockets are essentially limitless.
That all changed after the 2004-2005 lockout. A hard salary cap of $ 39 million was instituted for the next season. This meant teams like the Flyers could not drop $ 22 million on three players. The cap did what it was supposed to do. The Penguins became more important, the Blackhawks found new life, and those smaller market teams now had a chance to compete. Even the Phoenix Coyotes found themselves in a Final Conference by 2012.
increased revenues...
Bettman's era has brought some important positive changes to the league . Revenues have been quintupled in size by payrolls followed. The NHL played a series of regular-season games in Europe and Japan, broadening its global appeal. It created the successful Winter Classic, the annual outdoor game played on Jan. 1 which has caught the imagination of the US TV viewing public.It has hit historic ballparks such as Wrigley Field and Fenway Park and has packed 110,000 fans in the freezing cold snow to proudly sport their teams' colors.
Television revenues have grown significantly as a result of the league sponsorship deals. He helped stabilize wobbly franchises in Edmonton, Calgary, and Ottawa through the Canadian currency-assistance program. He enabled Minnesota and Winnipeg to get their franchises back.
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