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NHL Number Crunching
by Alanah McGinley on 10/10/08 at 01:10 PM ET
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From Lyle “Spector” Richardson at FoxSports,
Another troubling factor is the decline in value of the Canadian dollar. Trading on par with the American dollar a few months ago, the “loonie,” as the Canadian dollar is nicknamed, has declined in recent weeks, sliding this week to under 90 U.S. cents.
With the six Canadian teams reportedly accounting for more than 30 percent of league revenues last season, a decline in the Canuck buck could have significant consequences.
An economic slowdown — the politically correct term for “recession” — might not have a significant impact upon the league’s big markets. But it could hurt teams like the Atlanta Thrashers, Nashville Predators, Phoenix Coyotes, Florida Panthers and Columbus Blue Jackets, who have been struggling at the gate. Another tough season at the turnstiles combined with an economic slowdown could result in mounting losses, increasing the possibility of those clubs going up for sale.
Lyle also mentions TeamMarketing.com in his column, a site I hadn’t come across before. The site provides a NHL Fan Cost Index (here’s the PDF) and other guides.
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