The tie-up, which kicks in at the start of the 2022/23 season, will see Caterpillar serve as the official heavy equipment and industrial power sponsor of the NHL. On the commercial front, the NHL has added another partner to its sponsorship roster by signing a multi-year global deal with construction machinery and equipment company Caterpillar. “We were able to stabilise the business and power through.”īettman had previously said last October that he expected the NHL to generate more than US$5 billion in revenue during the 2021/22 campaign. “We continued to put on NHL hockey under the most difficult of times. Our playoffs this year, the first two rounds generated 88 per cent of the revenues that we did in the first two rounds the last time we had normal playoffs. Our buildings are back to basically where they were, and maybe a little better. “We had a major increase in our national media revenues in the United States. “What we’ve done is we’ve, we’ve done the fundamentals of our business,” said Bettman, who speaking ahead of the first game of the Stanley Cup finals between the Colorado Avalanche and Tampa Bay Lightning.
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Commissioner Gary Bettman said North America’s preeminent ice hockey competition is set to generate record revenues this season.ĮSPN secures best NHL playoff conference final US ratings since 2013 Should Haslam complete the deal, he will join the NHL’s ownership group as the league surpasses the US$5.2 billion revenue mark for the first time. If the Predators are sold, they would be the next NHL franchise taken over after John Henry’s Fenway Sports Group (FSG), which owns Major League Baseball’s (MLB) Boston Red Sox and Premier League soccer giants Liverpool, acquired the Pittsburgh Penguins in November 2021. The sports business outlet pegged the average NHL team to be worth US$934 million. The Predators were valued at US$680 million by Sportico in its latest list of team valuations. The value of the deal has not been reported.
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The 63-year-old has a net worth of US$2.3 billion, according to Forbes.
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Sportico reports Haslam will acquire the franchise over an unspecified time period. The team last changed hands in 2007 in a US$175 million deal. The franchise is currently controlled by an ownership group led by healthcare entrepreneur Herbert Fritch, who took over as the Predators’ chairman in 2019.