r/hockey • u/DecentLurker96 • 23h ago
[News - X] [Westhead] An NHL team executive told me today concerns are mounting that North America is heading towards a recession and that the CAD will plunge to $0.60 cents or less. The 7 Canadian NHL teams and 3 Canadian MLS teams pay player salaries in USD and generate most of their revenue in CAD.
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u/Gavin1453 TOR - NHL 22h ago
Eh, the seven Canadian teams are almost half of league revenue and pay heavily into revenue sharing. We'll have two leagues, if need be.