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Relegation in the NHL? Not So Fast | NHL News
Promotion and relegation in the NHL sounds like a thrilling twist for fans—but it’s a financial nightmare for owners, players, and the league’s entire business model. While European leagues are ditching or restricting relegation to protect stability, the NHL’s billion-dollar franchise system, guaranteed contracts, and revenue-sharing structure make such a move impossible. Teams couldn’t risk losing their spot, banks wouldn’t lend against unstable assets, and players would still owe full salaries even with slashed revenues. It’s drama on ice? Maybe. But the economics say no. Listen in…
The skinny
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