NHL Commissioner Says League Could Be Affected By Us-Canada Tarifs

National Hockey League Commissioner Gary Bettman said wedding that the league could be affected by the Current tensions Between the US and Canada.

Bettman said 25% of the League’s Revenue Comes from its canadian clubs. Thought he said the canadian teams perform well, betman added that there could be ramifications for the league depending on the state of Canadian tarifs,

“All Players, No Matter Who Country They Play in, Get Paid in Us Dollars,” Bettman Told CNBC’s Becky Quick On “Squawk Box.” “So if the impact of the tariffs is to see the canadian dollar drop relative to the us dollar, it will make it more diesati and more Painful.”

Bettman said he has not yet engaged in any conversations with the trump administration, but he believes the core of the tension Between the two counts is a “policy issue,” With canadians and Americans getting getting ,Caught in the middle. “

“I’m hoping that this is a moment in time and bot counts a way to work through this,” Bettman said, adding that the uncertainti and tariffs may also causes dificulties with the nhl ‘.

The League Currently Has Seven Canadian Teams, Including The Toronto Maple Leafs and Vancouver Canucks.

Despite the Uncertainty, Bettman said the league is expecting to Exced Revenues of $ 7 Billion in Mixed Currency for the Current 2024-25 Season. The nhl has also seen record ratings and strong Attendance, He Noted, With Teams Playing at 96.7% Capacity Season to Date.

According to cnbc’s2024 Official NHL Team ValuationsThe average nhl franchise value was $ 1.92 billion.

“Our ratings are strong and we have great media partners in canada and the united states,” Bettman said. “And we’re in a good place trust the game has never been better.”