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Originally Posted by Bomm Bastic
Oh...did not know that. I assumed (shame on me) HRR was based on general seating tix sales, and NHL merchandise (jerseys...anything sporting a copyrighted logo)
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There's a lot of things that go into that HRR pool. Here's one article trying to explain the issue of HRR:
http://www.cbc.ca/sports/hockey/opin...d-revenue.html
You mentioned luxury boxes earlier. Well it's not something that goes into owners' pockets as such according to that article:
Quote:
As mentioned, teams are supremely annoyed because they can't deduct any costs from luxury box revenues. But the NHLPA isn't thrilled either because it doesn't feel players get enough of the earnings.
Almost all of the NHL's teams own their arena or are paid to manage it (eg. Nashville Predators). "One-team" arenas (ie. no NBA tenant) must allocate 65 per cent of luxury suite revenue towards HRR. "Two-team" arenas (eg. Air Canada Centre) are at 32.5 per cent. So even though teams like Montreal -- and we're using the Canadiens for a specific reason -- can't deduct costs, 35 per cent of their suite cash can't be touched.
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So the owners get directly some of that revenue to their pockets but they also can't reduct any of the costs so I doubt it's really a that big of a cash cow for all NHL teams.
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Last edited by Carcillo; 12-12-2012 at 01:57 PM.
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