NHL Still In Growth Mode: Bettman
14/10/2008 03:40
WASHINGTON - The NHL is "still in growth mode" despite the economic downturn, commissioner Gary Bettman said Monday, noting that ticket sales have increased this season.
"We're acutely aware of what's going on out there, but it hasn't yet impacted us," Bettman said before attending Monday night's game between the Washington Capitals and Vancouver Canucks.
"I have no doubt that, over time, if it's long enough and bad enough, it will have some impact, but based on what we're seeing right now, our business seems to be strong."
Season-ticket sales are four per cent higher than a year ago, and single-game tickets were up nearly 13 per cent as of a week ago, Bettman noted, calling that data "remarkable - if not startling - numbers, in light of what we hear is going on."
Bettman emphasized the need to be cautious moving forward and said the NHL will closely monitor revenues and expenses moving forward.
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SWIVEL HIPS SAYS:
Huh? Is this guy Gary Bettman for real?