NHL Commissioner Gary Bettman addressed concerns regarding the impact of U.S. tariffs on Canadian goods, stating they could significantly affect the Canadian dollar and subsequently revenue for the league. With seven Canadian teams making up 25% of NHL revenue, a weakened dollar poses financial challenges as player salaries are paid in U.S. currency. Bettman hopes for resolution amid political tensions that have spilled into sports, illustrated by the charged atmosphere during recent international games between the U.S. and Canada, underscoring the larger policy issues at play.
NHL commissioner Gary Bettman expressed concerns that tariffs imposed by the Trump administration could negatively impact the Canadian dollar, which in turn would affect the league's revenue.
Bettman noted that Canadian teams pay their players in U.S. dollars, making the financial situation particularly challenging if the Canadian dollar drops in value.
He described the current animosity between Canada and the U.S. as a "policy issue," hoping for a resolution while emphasizing the Canadians' overall goodwill towards Americans.
The recent NHL-run 4 Nations Face-Off showcased the tensions, with emotionally charged reactions to the national anthems further highlighting the political climate affecting the league.
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