U.S.-Canada Trade Tensions Could Impact Revenue Of NHL League, Says Commissioner

Benzinga

NHL Commissioner Gary Bettman said U.S.-Canada tensions could impact the league, as 25% of its revenue comes from Canadian teams. Bettman said in a CNBC interview that all players are paid in U.S. dollars, and a weaker Canadian dollar due to tariffs could create financial strain.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02NHL Commissioner Gary Bettman said U.S.-Canadian tensions could impact the league, as 25 percent

00:08of its revenue comes from its Canadian teams.

00:10Bettman said in a CNBC interview that all players are paid in U.S. dollars, and a weaker

00:15Canadian dollar due to tariffs could create financial strain.

00:18While he has not spoken with the Trump administration, Bettman called the situation a policy issue

00:24affecting both nations.

00:26He expressed hope for the resolution, but acknowledged potential difficulties for NHL

00:30sponsors.

00:31Bettman said the NHL anticipates surpassing a multi-billion-dollar revenue milestone this

00:36season with record ratings and high attendance levels.

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