Booming NHL business a double-edged sword for low-revenue teams

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Yesterday, the NHL announced a 12-year Canadian broadcast agreement with Rogers worth almost $5 billion in U.S. dollars.

Yeah, it was a pretty big deal.

Immediately after the news broke, people started to wonder what it would mean for the league’s 30 franchises. And in particular, they wondered about the clubs that aren’t considered among the financial powerhouses of the NHL, for which finances are always a concern.

For example, Yahoo! Sports columnist Nicholas Cotsonika was thinking about the Phoenix Coyotes, a team that very nearly relocated this past summer before finally finding new ownership.

Say you’re the Coyotes. You have been at or near the bottom of the league in attendance in recent years. You want to win, draw fans and make the business work on your own. But the cap and floor are more manageable. You don’t have to hit attendance targets to receive revenue-sharing anymore. Your cut of the Canadian TV revenue now is $4.75 million a year at the current exchange rate, but it will shoot up to an average of about $13.8 million a year over the next dozen years – a $9.05 million difference per year. Now factor in revenue from the American TV deal, the outdoor games, a World Cup, other international events, et cetera.

And now consider this: If the NHL does expand – to, say, Quebec City and Seattle – the owners will split hundreds of millions of dollars in fees between them, and they won’t have to share any of that money with the players.

That’s the positive spin. But here’s the potential negative side, from the CBC’s Elliotte Friedman:

The only thing to worry about here is the salary floor, if you love a low-revenue club. Article 50.5 b (i) of the CBA states “the magnitude of the Team Payroll Range shall never be less than $16 million … or greater than $28 million.”

The promise of this new agreement allowed Bettman to stabilize his three biggest trouble spots: Florida, New Jersey and Phoenix. No doubt the owners of those teams, like Leonsis in Washington, are thrilled by the television bonanza and updated revenue-sharing formula.

The true test of the new CBA will be how many teams can’t afford to go much higher than the floor because you know the revenue powerhouses can’t wait to flex their financial-steroid muscles.

That’s the only concern I see. It’s at $44 million this season, and a $60-million base – with the upper limit approximately $20 million higher – is not out of the question in the near future.

The Globe and Mail’s James Mirtle conservatively estimates the salary floor/cap will rise as follows throughout the course of the CBA:

source:

It’s impossible to say for sure how current low-revenue teams like the Coyotes, Panthers, Predators, and Blue Jackets will fare in the next few years. Yes, there will be more national TV money coming in, and yes, there’s more revenue sharing under the new CBA. But paid attendance will still matter greatly for individual clubs, meaning much will continue to depend on their win-loss records.

Ducks cement Pacific lead as Getzlaf continues his mammoth March

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By the end of Sunday night, the Anaheim Ducks removed all doubt: they’re on top of the Pacific Division.

Now, it’s not the sort of substantial lead that the sliding San Jose Sharks squandered; Anaheim merely leads the Sharks and Edmonton Oilers by two standings points after beating the New York Rangers 6-3.

With everyone at 75 games played, it’s kind of nice to enjoy the clarity that comes with a clear lead (though the Sharks and Oilers will disagree):

Pacific top four (all teams with 75 games played)

1. Ducks – 93 points (38 ROW, 41 W)
2. Sharks – 91 poitns (40 ROW, 42 W)
3. Oilers – 91 points (37 ROW, 41 W)

Flames – 88 points (38 ROW, 42 W)

The Ducks are now on a four-game winning streak and managed an 8-1-1 mark in their last 10 contests.

With all due respect to Patrick Eaves‘ two goals, it’s Ryan Getzlaf who’s really playing outstanding hockey. He generated four assists in this one, giving him eight helpers in his past four games. He now has a whopping 20 points in March.

A lot going on – fight included – between Corey Perry, Brendan Smith (Video)

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If there’s one thing that’s undeniable from the clip going on, it’s that Corey Perry and Brendan Smith squeezed a lot of activity (carnage?) into a single shift.

Early on in Sunday’s New York Rangers – Anaheim Ducks game, both player delivered hits that were at least borderline dangerous. After that, they traded punches in a pretty solid fight (especially since they seemed a little tired because, again, this was a fairly elaborate sequence).

It’s way too messy a sequence to call neat, but there is something efficient about trading hits and then getting into a fight. That’s a mini-hockey feud in short order.

If you want a pretty moment to counteract all that, check out the great puck movement on this 3-on-1 goal for the Rangers:

Penguins lose to Flyers and lose another key player to injury

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PITTSBURGH — Even with a ridiculously long injured list that would be the foundation of a pretty good hockey team, the Pittsburgh Penguins still found a way to go 8-1-3 in their previous 12 games entering Sunday’s contest against the Philadelphia Flyers.

The injuries finally seemed to start catching up to them on Sunday in a 6-2 loss, extending their current losing streak to three games, matching their season long.

While the loss certainly impacts their pursuit of the top spot in the Metropolitan Division (they remain three points back of the Washington Capitals), and even their quest for home ice advantage in the first round, it is still not the worst thing to come out of Sunday’s game.

The worst thing for them would be the fact the Penguins lost yet another key player to an injury when forward Conor Sheary had to leave the game mid-way through the first period.

Penguins coach Mike Sullivan said after the game that Sheary is dealing with a lower body injury and that right now he is considered to be day-to-day. It was initially believed that Sheary was injured blocking a shot, but Sullivan insisted that was not the case and that it happened in the offensive zone at some point in the first period.

With Jake Guentzel still sidelined due a concussion he suffered in a recent game against the Buffalo Sabres, that means two-thirds of the team’s recently assembled top line (Sidney Crosby-Sheary-Guentzel) is now sidelined due to injury. Sheary’s injury is especially concerning given how good he has been on Crosby’s wing dating back to the 2016 playoffs. Entering play on Sunday Sheary was averaging nearly a point per game (50 points in 54 games) with almost all of that production coming at even-strength.

They had yet another scare in the third period on Sunday when defenseman Brian Dumoulin had to briefly leave the game and head to the locker room after he was elbowed in the side of the head by Flyers forward Wayne Simmonds.

On Sunday, all of the injuries finally seemed to be too much with the Flyers pretty much dominating the game over the final two periods.

The Flyers received goals from six different players (Jordan Weal, Valtteri Filppula, Dale Weise, Jakob Voracek, Radko Gudas and Shayne Gostisbehere) in the win and outshot the Penguins by a 24-15 margin over the final 40 minutes.

“That wasn’t a good effort and at this point of the season we can’t afford to have those,” said Penguins forward Matt Cullen after the game. “I don’t think that was a typical effort for us. I don’t think we had a lot of life, to be honest.”

Even more than winning games the rest of the way the biggest concern for the Penguins has to be getting their list of injured players healthy and finding a way to avoid adding to it, something that has proven to be difficult in recent weeks.

At this point, whether they win the Metropolitan Division or not, they know their path through the Eastern Conference playoffs is very likely going to have to go through both Washington and Columbus, and they are going to need their full complement of players to do it.

One of the biggest factors in winning a Stanley Cup is having all of your key players in the lineup come playoff time.

A year ago the Penguins did.

Right now they are not even close to having that.

Video: Dumoulin shakes off elbow, Sheary out day-to-day for Penguins

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Barring a major comeback, the Pittsburgh Penguins look like they’re going to lose to the Philadelphia Flyers on Sunday. Their injury losses might be just as big.

On the bright side, it seems like Brian Dumoulin was able to shake off an elbow from Wayne Simmonds. You can watch the hit, which didn’t draw a penalty, in the video above.

Meanwhile, Conor Sheary has been missing since the first period with what might be a lower-body injury.

The Penguins’ list of injuries is already pretty ridiculous, so if one or both of these players miss significant time, tonight will sting deeper than a setback on the scoreboard.

Update after the Penguins’ loss: Seemingly good news, if very early and vague: