![30 Brilliant Marketing Email Campaign Examples [+ Template]](https://www.hubspot.com/hubfs/email-marketing-examples_29.webp)
.png)
How NHL salary cap works
The post How NHL salary cap works appeared on BitcoinEthereumNews.com. For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary cap, meaning each team cannot have a payroll over a predetermined amount in a given season. For the 2024-25 season, the pay ceiling is $88 million and the lower limit is $65 million. Therefore, regardless of whether a team is worth as much as the Toronto Maple Leafs at $4 billion, or as little as the Columbus Blue Jackets at $1 billion in CNBC’s Official NHL Team Valuations, every team is on roughly equal footing for how much they can pay players. The range is calculated by using a formula outlined in the league’s collective bargaining agreement that involves taking a percentage of the previous year’s preliminary hockey-related revenue, among other inputs. There was a brief pause in year-over-year salary cap increases when the league’s revenues took a hit during the Covid-19 pandemic in the 2020-21 and 2021-22 seasons. The pay limit has been in place since the end of a labor dispute that caused the cancellation of the entire 2004-05 NHL season. The National Hockey League Players Association and NHL after that campaign agreed to a collective bargaining agreement, or CBA, that included a salary cap, among other terms, for the following season. The current CBA was put in place beginning with the 2012-13 season after a shorter labor disagreement that led to an abbreviated 48-game slate. The NHL and NHLPA declined to comment for this story. Sports business experts said the strict salary cap has helped the league’s financial health since the full season stoppage. “Since that [missed season],…
The post How NHL salary cap works appeared on BitcoinEthereumNews.com.
For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary cap, meaning each team cannot have a payroll over a predetermined amount in a given season. For the 2024-25 season, the pay ceiling is $88 million and the lower limit is $65 million. Therefore, regardless of whether a team is worth as much as the Toronto Maple Leafs at $4 billion, or as little as the Columbus Blue Jackets at $1 billion in CNBC’s Official NHL Team Valuations, every team is on roughly equal footing for how much they can pay players. The range is calculated by using a formula outlined in the league’s collective bargaining agreement that involves taking a percentage of the previous year’s preliminary hockey-related revenue, among other inputs. There was a brief pause in year-over-year salary cap increases when the league’s revenues took a hit during the Covid-19 pandemic in the 2020-21 and 2021-22 seasons. The pay limit has been in place since the end of a labor dispute that caused the cancellation of the entire 2004-05 NHL season. The National Hockey League Players Association and NHL after that campaign agreed to a collective bargaining agreement, or CBA, that included a salary cap, among other terms, for the following season. The current CBA was put in place beginning with the 2012-13 season after a shorter labor disagreement that led to an abbreviated 48-game slate. The NHL and NHLPA declined to comment for this story. Sports business experts said the strict salary cap has helped the league’s financial health since the full season stoppage. “Since that [missed season],…
What's Your Reaction?
