Sports News

NHL: 11 of 30 teams not making money

Published: May 30, 2008 at 8:59 AM
Order reprints
TORONTO, May 30 (UPI) -- An internal NHL report shows 31 percent of $1.1 billion in ticket revenue comes from Canada's six teams and 11 of the 24 U.S. teams aren't making money.

The report obtained by the Toronto Star said the Toronto Maple Leafs led the league with $1.9 million in ticket revenue per game, or $77.9 for the regular hockey season.

At the opposite end, the Phoenix Coyotes were last in ticket revenue at $450,000, and the team is losing more than $30 million a season, the Star said.

National Hockey League Players Association Executive Director Paul Kelly saw the NHL report and told the Star it clearly demonstrates the wisdom of placing more franchises in Canada, instead of potential expansion cities such as Las Vegas, Houston or Kansas City.

The league's overall revenue this season is estimated to be as much as $2.56 billion, which is 10 percent more than last year's $2.31 billion, the report said.


© 2008 United Press International, Inc. All Rights Reserved.


Couple with large adoptive family killed (1 min)
Gays plan vigil for slain sailor (3 min)
UPI NewsTrack TopNews (6 min)
Sore neck sidelines Phelps at nationals (19 min)
Price, Bean tied on Champions Tour (22 min)
Czechs, Argentina tied 1-1 at Davis Cup (24 min)
U.S. seeks 'amnesty' for 2 journalists (29 min)
fark
Photoshop these creepy earrings
Patronizing Tijuana hookers while on drugs may be unhealthy, according to Dr. N.S. Sherlock, of...
Defense lawyers request words like "polygamy,""cult" and "compound" not be used in their client's...
TSG Mugshot roundup: Twin billing
Barbie-Con visitors split on major issue: Are you allowed to open her box and play with it?
It's been 10 years since "The Blair Witch Project." Where were you when this crappy, one-joke, overhyped...