22 Jan Insiders now question
Insiders now question the long term viability of franchises in the US Sunbelt the Carolina Hurricanes, Florida Panthers, Atlanta Thrashers, Nashville Predators, and Phoenix Coyotes as well as smaller market teams like the Pittsburgh Penguins. More than half the teams are losing money and another quarter are treading water. Over the years, the Calgary Flames, Edmonton Oilers, and Ottawa Senators have all talked about relocating to more lucrative US markets, home to 24 of the league’s 30 teams, following the lead of the Quebec Nordiques and Winnipeg Jets.Owners are proposing a hard salary cap, like the NFL and NBA, set at $32 million.
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