Last week, Calgary Flames president Ken King spoke about the business of hockey at an event hosted by the Chamber of Commerce – taking great pains to avoid speaking much about the arena project, which is dead. One interesting piece of information was divulged by King at the luncheon: he claims the Flames received revenue sharing last year.
We took a dive into the Collective Bargaining Agreement and the best guesses we have for hockey-related revenue and arena expenses. Given the parameters of the revenue-sharing program used by the 30 National Hockey League clubs, King’s claim is actually fairly credible.