for Thursday, Febraury 19, 2004
The National Hockey League
this week launched a new website at NHLCBANews.com,
which provides fans with the latest news and information about League economics
and collective bargaining.
|New NHL Site Explains
Collective Bargaining Agreement to Fans
The launch of the CBA site follows
last week's announcement from former Securities and Exchange Commission
chair Arthur Levitt, regarding the results of his independent study of
the finances of the NHL.
In his report, Levitt concluded that
the NHL sustained operating losses of $273 million during the 2002-03 season
on revenues of $1.996 billion; that 75% of the League's gross revenues
are spent on player salaries and other player costs; and that the NHL's
player costs as a percentage of its revenues far exceeded those in other
major league professional sports.
The complete report and full press
conference transcript are available on NHLCBANews.com.
Other information available on the
Everything you need to know about the
NHL's Collective Bargaining Agreement with the NHL Players' Association,
including history, economic reports and frequently asked questions.
Collective Bargaining Basics
Glossary of Terms
League-Wide Financial Results from 2002-03
CBA Historical Financial Results
Average Cost of Player Performance
Player Productivity in Relation to Salary
Fan survey results
What people are saying
services and news search engines are welcome to index/link this story
NHL Site Explains Collective Bargaining Agreement to Fans
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