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The giant sucking sound

11-Oct-2008
Story Timeline:  46 days

SEAN GORDON and ALLAN MAKI AND DAVID SHOALTS From Saturday's Globe and Mail Revenues are soaring, television ratings are up, a new season is under way and yet not all is sweetness and light in the NHL. The grumbling is intensifying behind the scenes from owners and team officials who are watching with mounting dismay as millions pour from successful franchises in Canada and the United States to their staggering partners, mostly in the American sunbelt. According to information compiled by The Globe and Mail from various sources, the six Canadian NHL franchises contributed more than $40-million (all figures U.S.) to their fellow owners last season, and about $50-million when playoff revenues are taken into account. And at the other end of the spectrum, several teams are becoming increasingly frustrated at the skyrocketing... [read full story]                    

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Latest article on this story:

Salary system can't save the have-nots

theglobeandmail.com 11-Oct-2008
First article on this story:

Jim Kelley: NHL could be on thin economic ice

cnn.com 08-Oct-2008
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