There has been a lot of talk around the hockey world about the weakening of the Canadian Dollar, but what does that really mean for the league and the players. With seven teams, Canada represents 30%-35% of the revenue for the league. With a less favorable exchange rate, the Canadian team revenues decrease.
The NHL salary cap increases are based on revenue and revenue growth. If the Canadian Dollar does not rebound by the time the new cap is set, there will be a much smaller than expected growth in the salary cap for next season.