With five home games left this season, team officials announced that the Nashville Predators will finish with an average paid-attendance of approximately 13,145, which grants the team eligibility to participate in the National Hockey Leagueâ€™s full revenue sharing plan for the year. As reported by John Glennon, the Predators will receive roughly $12 million to put toward both re-signing current players as well as shopping for free agents in the offseason.
Ed Lang, president of team business operations, observed, "It's very good news because the revenue sharing is very important to usâ€.
The NHL revenue sharing plan allows teams that average at least 13,125 in attendance â€“ proof that the team is able to draw local interest - to share in the profits generated by big-market teams to sustain competitive balance throughout the league. The attendance threshold for revenue-sharing will grow to 14,000 for the 2008/09 season.
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Bill Johnson is a staff member of the Business of Sports Network