Kukla's Korner Hockey
Capitals Financial Picture
by Paul on 04/30/09 at 07:51 PM ET
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from Tarik El-Bashir of Capitals Insider,
The NHL, its sponsors and the league’s television partners all stand to benefit from Alex Ovechkin and the Capitals reaching the second round. But so does the team’s bottom line, according to club president Dick Patrick.
With four home games in the opening round, the Capitals anticipate turning a profit of between $400,000-$500,000, Patrick said. Those figures are after the team returned an estimated 60-65 percent of its gross ticket sales revenue to the league, which redistributes the money to the revenue sharing program and to players’ postseason bonuses. The Capitals are among the teams that benefit from revenue sharing.
Filed in: NHL Teams, Washington Capitals, NHL Talk, NHL Business of Hockey | KK Hockey | Permalink
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