Truth & Rumors > NHL
Canadian economy favoring expansion?
Once an economic albatross blamed in part for the failures of the Winnipeg Jets and Quebec Nordiques, the ascending Canadian dollar is suddenly enriching Canadian-based clubs, single-handedly increasing NHL revenues and crafting a new financial argument for more NHL hockey in Canada. "A host of southern U.S. cities might now be more likely to lose their NHL teams," said Andrew Zimbalist, an eminent sports economist based in Massachusetts who testified on behalf of Jim Balsillie in his recent failed bid to purchase and move the Phoenix Coyotes to Hamilton. "Canada becomes that much more attractive."
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Jessica Hart
Bar Refaeli



Comments (109) Add A Comment
First, delete and incarcerate G. Ari 'the impediment' Buttmeister.
oldtom in Japan
Hiroshima Come Glow With Us, HS
Total Comments (751)
It's not going to happen on his watch.
BettmanSucks
Total Comments (29)
"Canada becomes that much more attractive."
Of course we are the the most attractive country in the world thanks to the likes of Elisha Cuthbert and Shania Twain
FoosBall
Total Comments (3490)
Since when is he interested in what happens in Canada?
FoosBall
Total Comments (3490)
I think Bettman is a moron and a tool, but their is also the chance he has been very smart about how he has handled the deman for more NHL hockey In Canada.
In the US there is little deman in a lot of those southern markets, but he is trying to grow the game thier, wether that works or not remains to be seen. But in Canada, there really was no way to grow the game more, except to give the people and enemy to rally against. If you look back over the last 10 years, Ottawa almost went Bankrupt, the oilers were about to move several times, the Flames struggled with attendace and play for a lot of years, but now there is a huge deman, all the teams are doing well, he actually found a way to grow the NHL game in popularity in Canada. wether it was intential or not is another question, but you now have more Canadian markets then ever ready to handle NHL hockey.
I still can't stand the jerk myself though.
El Guapo II
London, ON
Total Comments (74)
Canada is attractive right now, but if the canadian dollar went down to .60 against the american dollar, all those expansion teams would leave again. The expansion fee and all of the upstart costs of creating a team don't make sense when bringing a team to Canada, the best way and most realistic way is to have a floundering team move here. Unfortunately Gary is not realistic.
ref43
Total Comments (348)
The best thing for the NHL would be to relocate a few sunbelt teams to Canadian cities. Unfortunately Czar Bettman is sitting on the throne and he obviously has a dislike for Canada, Knowing his philosiphy it would be more likey to see Canadian franchises relocate to Puerto Rico and the Bahamas.
steelermikey
Kirkland , WA
Total Comments (54)
The Canadian dollar aint going back down. The US dollar is going down because they keep printing money and owe too much money. Also, Oil should be going back up soon, which will improve the Canadian dollar.
Argos: Lets Go…
Toronto, ON
Total Comments (3297)
What would make them change there mind is if we took back all our CANADIAN teams and made our own league. When they realize that these pathetic teams they have put in cities that care more about high school football and we don't share our revenues with the other teams and they can't pay their day to day operations and fold. Only then will this DEGENERATE be relieved of his duties. This is our game and we have let the south ruin it for far to long.
Canada 2010
Total Comments (58)
That won't happen under Bettman's watch because he is the flag waiver for the sun belt teams. If they end up moving he looks like a failure.
FoosBall
Total Comments (3490)
True I can't see the Canuck Buck ever dropping below 85 cents US again. It's more likly to stay in the low 90's.
FoosBall
Total Comments (3490)
You are probably right, but for a league that saw two franchises move as well as having to prop up 3 others in the same country, I can see why they are hesitant to bring more here. Realistically though, teams in Hamilton and Quebec could easily survive with adequate facilities and a solid business plan.
ref43
Total Comments (348)
I've often said that if the Penguins were based in Penticton they'd make money. Cap salaries at $1,000,000 and offer flipping burgers as the alternative and they'd play. Euros might balk but they could stay home.
Put a team in Nanaimo and it would draw from the entire island.
Hank Kingsley
Port Alberni, BC
Total Comments (3942)
Everything is cyclical.
Flying high on Tuesday doesn't mean you couldn't be shot down by Friday.
Hank Kingsley
Port Alberni, BC
Total Comments (3942)
'Flying High'
You left coasters are all smokin' that wacky tobaccy!
You crack me up Hank
FoosBall
Total Comments (3490)
And a Hockey Market... something the sun belt teams don't have.
FoosBall
Total Comments (3490)
We invented it.
If Al Gore can claim the internet, why can't we claim the herb?
Hank Kingsley
Port Alberni, BC
Total Comments (3942)
We for sure perfected it hank.
Buc Fettman
Total Comments (1443)
Exactly, no one knows where the dollar will be in a year from now let alone 5. If you would have told me 6 yrs ago that they would be this close I wouldn't have believed it.
Vilgrain
Total Comments (328)
All I know is that it is currently a great time for me to be ordering parts for my cars from the Excited States in US shekels.
But the flip side is my compnay which sells in US shekels is taking exchange in the teeth....
Hank Kingsley
Port Alberni, BC
Total Comments (3942)
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