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BETTMAN SAYS RUNNING SEASON WILL COST MORE THAN SHUTTING DOWN; DISCUSSES POSSIBLE JERSEY ADS

It was obvious that not having fans in most arenas this season will result in some major losses for teams across the league. We're now getting an idea of just how much will be lost.

"It would be cheaper for us to shut the doors and not play," NHL Commissioner Gary Bettman told reporters during a Zoom call Monday. "[Clubs are] going to run through more money playing than not playing, but our owners are OK with that because they know how important it is for players and fans to play."

While the NHL is considered one of the biggest sports leagues in North America, its television contracts are small compared to leagues like the NFL, NBA and MLB. It has been estimated that teams are losing out on anywhere from $1.5 to $2 million in revenue with each home game that fans aren't allowed to attend.

"The magnitude of the loss starts with a 'B.' We're out of the 'M' range and into the 'B'," said Bettman, referring to millions and billions of dollars.



As for how the NHL might recoup this loss, Bettman told reporters "the jury is still out on jersey signage." Most, if not all, NHL teams are placing ads on their helmets this season.



TIM TUCKER
JANUARY 11, 2021  (18H08)