The good news is we’re almost through our thorough review of the CBA. The bad news is we’re into the longest and densest sections. So we’re splitting the next Article in two, as Article 50 detailing the cap system is 82 pages long and incredibly detailed.
So here’s Article 50: Team Payroll Range System – Part 1, Hockey Related Revenues.
We’re looking exclusively at Section 50.1 here, which is a deep dive into Hockey Related Revenues.
What are hockey related revenues?
They’re pretty broadly defined:
“Hockey Related Revenues” or “HRR” for each League Year means the operating revenues, including Barter (as defined below), from all sources, whether known or unknown, whether now in existence or created in the future, as expressly set forth in this Section 50.