NHL Commissioner Warns U.S.-Canada Tariffs Could Disrupt League Finances
Gary Bettman highlights potential challenges for Canadian teams due to currency impacts from ongoing trade tensions.
- NHL Commissioner Gary Bettman expressed concerns about the economic effects of U.S.-Canada tariffs, particularly on the league's Canadian teams.
- Canadian teams generate 25% of NHL revenue but pay players in U.S. dollars, making them vulnerable to a weakened Canadian dollar.
- The tariffs, initiated by the U.S. and met with Canadian retaliation, could complicate the league's revenue-sharing system and financial stability.
- Bettman noted the broader uncertainty could also affect sponsorship deals and other league operations.
- Despite these challenges, the NHL is on track to surpass $7 billion in revenue this season, with strong attendance and viewership reported.