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Bettman Talks Salary Cap In Tennessee
by Paul on 02/05/08 at 10:06 PM ET
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from the Tennessean,
Bettman said he believes the new local ownership group can help the Predators get out of the red, even if the cap rises next season.
“I’m hoping and expecting, and I’m optimistic, that increased attendance, increased sponsorship involvement, increased business—that can be done with the enthusiastic support of the community—will also be a factor in bridging that gap,” Bettman said.
The spending money will have to come in part from increased fan and corporate support, since Nashville doesn’t get the big radio and television contracts some other NHL markets enjoy….
“If you think back to five years ago, there were teams with $20 million payrolls and $80 million payrolls,” Bettman said. “We believe the range we have is one that enables all teams to be competitive.
“If you look at the playoff races, if you look at our standings, I don’t think there’s a league with this kind of competitive balance. Every game throughout the season matters.”
On the plus side for small-market teams, the NHL’s revenue-sharing money increases as the league’s overall revenues rise.
Filed in: NHL Teams, Nashville Predators, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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