History of Wages | The Economics of Pofessional Hockey | Current NHL Wages |
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Bobby Hull
Who had the first million dollar contract in the NHL?
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$83 million
What is salary cap for NHL teams in the 2019-2020 season?
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Sacrifice a lot, high health risks, early retirement, talent
What are 3 reasons NHL players are paid more than the average Canadian?
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Canadian Pacific Railway's Angus Shop
Where did Maurice Richard work during his off season?
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Explain the difference between direct economic impact and indirect economic impact?
Direct economic impact is the number that refers to the estimated lost movement of dollars if hockey ceased to exist. Indirect economic impact is the number that includes direct economic impact but also includes a multiplier effect.
Explain the difference between direct economic impact and indirect economic impact?
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Not essential to society
What is 1 reason why people think NHL players are overpaid?
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Toronto Maple Leafs, Montreal Canadians, Boston Bruins, Chicago Blackhawks, New York Rangers, Detroit Red Wings
What are the original six NHL teams?
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The process in which one dollar of spending creates more than one dollar in economic activity.
What is the multiplier effect?
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Reebok, Gatorade, Bell, Sport Chek, Framework, and Tim Horton
Name 3 of Sidney Crosby's sponsorships.
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