"THE BUSINESS OF HOCKEY"
The Business Of Hockey, 2009
November 11, 2009
The league scores record profits despite some very troubled franchises.
The NHL has long run a distant fourth among the North American professional sports leagues, befuddled with bogus investors (John Spano, William "Boots" Del Biaggio), rogue raiders (Jim Balsillie), television ratings you need a microscope to see and teams with huge losses (Florida Panthers) and debt woes (Phoenix Coyotes).
So leave it to the National Hockey League to have its most profitable year smack in the middle of a recession.
Fascinating reading, with facts and figures that may surprise some skeptics.