What's Buzzing:

Puck Daddy

Second NHL team in Toronto won’t happen because of payment to Maple Leafs?

Greg Wyshynski
Puck Daddy

View photo

.

136752161

The Toronto Star's business section published a piece on Sunday with the subtle, humble headline of "Can Canada save the NHL?"

Its thesis: That the Winnipeg Jets were such an overwhelming success, how many more "nonviable" Sun Belt franchises in the U.S. could become Canadian cash cows?

Two interesting bits buried at the end of the piece, both of which quite surprisingly do not support the idea that we should "Make It, Like, 15" north of the border. From the Star, on what we feel is an eventual second team in Toronto:

The other problem, experts say, is that Canada's various hockey hotspots aren't as profitable as they seem. Are there enough fans in corporate dollars to support a second team in Toronto? Sure. But finding an owner willing to pay the Maple Leafs for the privilege of setting up shop in their territory is something different.

Er, what?

That the ante for the owner of a Toronto NHL team will be too high for any takers is a preposterous idea. There's enough corporate support, fan support and revenue streams in that market to potentially cover that bribe to the Leafs' ownership in a miniscule number of seasons.

Besides, wouldn't it be in the best interests of the Leafs' media moguls/owners to have a second team in the market to fill time between the TML Cup chase?

The other interesting bit, via the Star and University of Ottawa economics professor Norm O'Reilly:

"Even the smaller-market U.S. teams would get more regional TV dollars than any small market Canadian team," he says. "(Moving teams to Canada) would be a pretty modest influence on the overall revenues of the league. If you're the owner of the L.A. Kings and a team moves from Phoenix to Quebec City, it really doesn't change your world."

The value of the ThrashersJets was up by $65 million after one season in Manitoba, according to Forbes. Every Canadian team save for Winnipeg was in the top 15 in revenue generated. A team in Toronto or Quebec City couldn't move the needle on overall revenues of the League, if it was relocated from a struggling U.S. market?

View Comments (198)
  • Sharks D Martin set to face former team

    Sharks D Martin set to face former team

    Back when the playoffs started nearly seven weeks ago, San Jose Sharks defenseman Paul Martin wondered what it would be like to play his old teammates in Pittsburgh in the Stanley Cup Final. There were plenty of steps needed before that could … More »

    AP - Sports - 4 hours ago
  • Stanley Cup Final Preview: Who has the better aesthetics?

    Stanley Cup Final Preview: Who has the better aesthetics?

    Leading up to Monday's Game 1, Puck Daddy is previewing every facet of the Stanley Cup Final between the Pittsburgh Penguins and the San Jose Sharks — on the ice and off the ice. … More »

    Puck Daddy - 6 hours ago
  • OT win gives London Memorial Cup title

    OT win gives London Memorial Cup title

    Matthew Tkachuk scored his second goal of the game 7:49 into overtime to give the London Knights a 3-2 victory over the Rouyn-Noranda Huskies on Sunday in the Memorial Cup championship game. ''It actually might have hit off (Christian Dvorak's) … More »

    AP - Sports - 7 hours ago
  • Stanley Cup Final Preview: Who has the better defense?

    Stanley Cup Final Preview: Who has the better defense?

    The San Jose Sharks and the Pittsburgh Penguins are both known for the blazing team speed. That doesn’t just go for their scoring prowess, but also their defense. … More »

    Puck Daddy - 8 hours ago
  • Penguins and Sharks meet, finally, in Stanley Cup Finals

    Penguins and Sharks meet, finally, in Stanley Cup Finals

    The 2016 Stanley Cup Finals could be billed as the what-took-you-so-long championship series. The Pittsburgh Penguins and San Jose Sharks, which begin their best-of-seven series in Pittsburgh on Monday, were expected to meet in the final -- not … More »

    Reuters - 8 hours ago