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Gary Bettman Lied About The Salary Cap?

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Joshua Deeds
June 4, 2023  (1:46)
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It's been an ongoing thing in the NHL, using the owners' one year of waist tightening and exercising a flattened cap for three years while crying poor.

In the meantime, NHL leadership has, in place, utilized the time instead of finding new ways to increase the salary cap and bring in new and exciting ownership, found new ways of selling things fans don't want. The reports were the league would increase the cap by $3 to $4 Million next season.

It turns out we were all lied to.

Bettman says he expects the salary cap to still increase by only $1 million next season.

One of these ways was placing advertisements on helmets, jerseys, and digital board advertisements, which are universally unpopular and dangerous to those with health issues.

Since then, Bettman has announced only a 1 Million dollar salary cap raise for next season. Despite the league earning back all it had lost last season and players paying for escrow debt due to a cause not of their own making.

NHL sponsorship in 2021-2022 reached $623 Million, and this season may have doubled as the revenue increased to $1.4 Billion, according to statista.com and Christina Gough.

So why are the owners and Gary Bettman still crying poor?

As Seen On: Statista.com

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Gary Bettman Lied About The Salary Cap?

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