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NHL projecting $5 billion in revenue

Today is the last of the NHL Board of Governors meetings in Florida. Gary Bettman met the media and said:

The NHL is projecting revenues to come in over $5-billion this season.

— Chris Johnston (@reporterchris) December 10, 2021

If this projection comes true, that will put the actual 2021-2022 revenues over what the forecast was from before the pandemic.

However, don’t get exciting and start planning for a rapidly rising salary cap. The CBA Memo of Understanding that is now in force requires the escrow debt the players owe the owners to be paid off before the salary cap can rise more than one million per year.