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NHL teams by operating profit or loss 2019

The National Hockey League team with the highest reported operating income in the 2018/19 season was the New York Rangers. The team, who plays its home games at Madison Square Garden in Manhattan, reported an operating income of 123 million U.S. dollars in 2019. At the other end of the scale, the Florida Panthers reported an operating loss of 21 million U.S. dollars in the same season.

NHL income

The league-wide average operating income per franchise in the NHL has been increasing steadily in recent seasons. While the figure stood at less than five million U.S. dollars in the 2007/08 season, this figure has increased more than fivefold in the ensuing decade – average operating income per franchise stood at 25.08 million U.S. dollars in the 2018/19 season. Unsurprisingly, total league revenue has also increased in the same timeframe, reaching a peak of 5.09 billion U.S. dollars in the latest season. So what has led to this increase in revenue within the NHL?

TV deals on the rise

Gate receipts no doubt play their part in generating revenue for the NHL and the ticketing revenue across the league stood at a record 1.86 billion U.S. dollars in the 2018/19 season. However, the share of gate receipts as a percentage of the total revenue in the NHL has, in fact, decreased in recent years. While ticketing revenue accounted for over 40 percent of the league’s total revenue in 2011, this figure has slowly decreased to 36.6 percent by 2018/19. Instead, TV deals and sponsorship revenue have no doubt played a role in the increasing success of the NHL. The league’s sponsorship revenue peaked at almost 560 million U.S. dollars in the latest season, a significant increase from the figure of 356 million U.S. dollars in the 2010/11 season.

National Hockey League operating income by team 2018/19 season

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Source

Release date

December 2019

Region

United States

Survey time period

2018/19

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Statistics on "National Hockey League"

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