NHL running out of money to resume 2019-20 season?

Uh oh… it might cost too much money to get hockey going again!

HockeyFeed
HockeyFeed
Published 3 years ago
NHL running out of money to resume 2019-20 season?
Zuma Press

It is going to cost lots of money to get the 2019-20 season going again, regardless of how it’s done. 

On Thursday’s Insider Trading edition on TSN, Frank Seravalli explained that, considering fans will not be able to attend games and therefore no revenue from ticket sales, it might not be worth it for the league to proceed with the 2019-20 season, noting it is going to be the key question moving forward. 

“A cost-benefit analysis that the NHL and the NHLPA have undergone. Look, when you talk about testing, two teams told me today that it could cost up to $20 per test to have a player or staff member tested. The question is how many teams are going to be involved when you start to do this math, how many people are going to need to be tested? How often? If it’s daily, it’s pretty easy to see these tests wind up in the millions if not in the tens of millions of dollars to conduct. And then in addition to that, how much does it cost to sanitize the locker rooms, the arenas that you’re going to need to play in? Teams were telling me $15,000 per dressing room to be sanitized per day. They’re still trying to figure out how the rest of the facility would need to be sanitized, but these are all mounting expenses. So far, to this point the NHL has determined that the juice would be worth the squeeze but we’ll see as these continue to add up.”

A lot more questions are getting added to the mix here! And they all seem to bring on a lot of dollar signs as well… 

Source: TSN