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KB in Kelowna
7-04-08, 7:54 PM
So this year the NHL enjoyed one of its best years fiscally ( in some markets) and as the cap is tied to revenues it is now $56.7 Million with a floor of $40 million. So some teams are signing players to long term big dollar deals. However, is it just me or does anyone else see dark clouds on the horizon? For example the US economy is slowing down, whether it is in recession depends on who you talk to, but it is being outperformed by many nations such as Brazil, India, China and the European Union. When the US economy has the sniffles the Canadian ecomomy goes down with the flu especially in Southern Ontario. So if people stop spending money for hockey and related merchandise, corporate sponsors pull back and the NHL revenues shrink, so does the cap, what happens then with all these big money contracts?

Or am I just whistling in the dark here?