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.

For fourth time in five years Sergei Mozyakin is the KHL’s MVP

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The KHL handed out its awards for the 2016-17 season on Wednesday and it was Magnitogorsk Metallurg forward Sergei Mozyakin taking home the Golden Stick Trophy as the league MVP.

Given the season he had, and the career he has had in the KHL, this should not really be much of a surprise.

Mozyakin turned in one of the greatest performances in the history of the league this season by scoring 48 goals and recording 85 total points (both league records) in only 60 games.

Since the KHL formed in 2008-09 only three different players have won the Golden Stick award. Danis Zaripov won it during the inaugural season, while Alexander Radulov won it four times (three years in a row between 2009-10 and 2011-12, then again in 2014-15).

Mozyakin won it in 2012-13 and 2014-15, then in each of the past two seasons.

The 36-year-old forward was drafted by the Columbus Blue Jackets in the ninth-round (No. 262 overall) of the 2002 draft by never played a game in the NHL. He has spent his entire professional career playing in Russia where he has consistently been one of the best, most productive players in the league.

Among the KHL’s other award winners, Vasily Koshechkin was named the league’s top goalie, Oleg Znarok was the coach of the year, while Vladimir Tkachyov is the rookie of the year.

Mike Fisher could return for Game 1 of Stanley Cup Final

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One of the more impressive things about the Nashville Predators’ ability to eliminate the Anaheim Ducks in the Western Conference Finals was the way they won the last two games of the series without the services of their top two centers, Ryan Johansen and Mike Fisher.

They will still be without Johansen in the Stanley Cup Final as his postseason has come to an end, but they could get Fisher back when the series begins on Monday night.

General manager David Poile said on Wednesday that he is hopeful Fisher can participate in practice on Thursday and that there is “a real good chance” he will be ready to play in Game 1 of the series. The Predators will play the winner of Thursday’s Game 7 between the Pittsburgh Penguins and Ottawa Senators. The Predators will open the series on the road no matter who they play.

Fisher suffered an apparent head injury in Game 4 of the Western Conference Final but was able to be on the ice to take part in the trophy celebration following Game 6.

The Predators’ captain has yet to record a point in 14 games this postseason, but did score 18 goals and add 24 assists in 72 games during the regular season.

In other injury news, Craig Smith, who also missed Game 6 of the Western Conference Finals, has seen his health improve and could also be getting closer to a return. Smith has only played in four games for the Predators this postseason and has not played since Game 6 in the second-round against the St. Louis Blues.

Craig Cunningham joins Coyotes front office as pro scout

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The Arizona Coyotes announced on Wednesday afternoon that former player Craig Cunningham has joined the team’s front office as a pro scout.

Cunningham’s playing career came to an end earlier this season when he suffered a medical emergency and collapsed on the ice before a game in the American Hockey League. He had CPR and other medical techniques administered on the ice and on the way to the hospital to help save his life. He has made a remarkable recovery since then.

“We’re thrilled to have Craig join our hockey operations department as a pro scout,” Coyotes general manager John Chayka said in a statement released by the team. “Craig was a smart, hard-working player with an incredible passion for the game. We’re confident that he will bring those same qualities to the Coyotes in his new role and that he will be an invaluable asset to our organization. We look forward to Craig helping us in several areas and are excited that he is staying with the club.”

A fourth-round draft pick by the Boston Bruins in 2010, the 26-year-old Cunningham spent parts of three seasons in the NHL with the Bruins and Coyotes, scoring three goals to go with five assists in 63 career games. He did not play for the big club in Arizona this season. He scored four goals and recorded nine assists in 11 games with the Tucson Roadrunners this season before having his career come to a premature end.

Report: Stars make more changes in goal, hire ex-Detroit coach Bedard

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Suspect netminding has plagued Dallas for two straight years, and GM Jim Nill is switching things up accordingly.

On the heels of acquiring Ben Bishop and signing him to a long-term contract, Nill has reportedly hired veteran goalie coach Jim Bedard, per In Goal Magazine.

Bedard will replace longtime Dallas employee Mike Valley, who has been with the club since 2009 in a goalie coach/director of goaltending development role. In Goal reports that Valley told the club he wouldn’t be returning.

Bedard, 60, was with Detroit from the mid-90s to last summer, when he was relived of his duties. His unemployment didn’t last long. Within weeks of being dismissed, Bedard caught on as the goalie coach for OHL Windsor,

The connection to Dallas is quite obvious. Nill and Bedard worked together for years in Detroit, and won three Stanley Cups together.

Related: Bishop has ‘good relationship’ with Hitch, and that’s important