National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the league The current tension Between the United States and Canada.
Bateman said 25% of the league’s revenue comes from Canadian clubs. Although he said the Canadian teams were doing well, Bateman added that the league could have an impact Canadian tariffs.
Bateman told CNBC: “All players, no matter where they play in, are paid in US dollars.” Becky Quick On “Squawk Box”. “So if the impact of the tariff is to see a decline in the Canadian dollar relative to the dollar, it will make it more difficult and painful.”
Bateman said he has not had any conversation with the Trump administration, but he believes nervous There is a “policy issue” between the two countries, and Canadians and Americans begin “Arrested in the middle. ”
“I hope it’s a time of time, and both countries have found a solution to this problem,” Bateman said, adding that uncertainty and tariffs can also cause difficulties for NHL sponsors.
The league currently has seven Canadian teams, including the Toronto Maple Leaf and the Vancouver Canucks.
Despite uncertainty, Bateman said the league expects over $7 billion in mixed currency revenue for the current 2024-25 season. He noted that the NHL also saw record ratings and excellent attendance, with teams playing a 96.7% season so far.
According to CNBC Official NHL team valuation in 2024the average franchise value of the NHL is $1.92 billion.
“We have high ratings and we have great media partners in Canada and the U.S.,” Bateman said. “And we are in a good place because the game has never been better.”
