NHL ‘revenue is growing’
The NHL continues to experience record growth on a year over year basis, Commissioner Gary Bettman indicated in his State of the League press conference before Game 1 of the Stanley Cup Final on Tuesday. Commissioner Bettman said the NHL’s revenue valuation this season is currently between $7.5 billion and $8 billion, give or take on either end. The revenue growth is a result of the League having more than 75 corporate sponsors, a list that will expand with imminent signings, record ratings from national media rights partners in the United States and Canada, and gate receipts that are 96 percent to capacity in the regular season and over 100 percent in the Stanley Cup Playoffs, among other areas that have the business booming.