NHL union chief calls Glendale’s Coyotes payments ‘direct subsidies’

By Mike Sunnucks

Phoenix Business Journal

National Hockey League Players Association Director Donald Fehr called Glendale’s arena payments for the Phoenix Coyotes direct subsidies that help make up for a lack of ticket sales at Jobing.com Arena.

Fehr made the comments during a press conference Friday on the latest setback in the National Hockey League lockout.

NHL owners and players have not been able to come to a new labor agreement, and regular season games are now cancelled through Nov. 1.

Fehr said one revenue sharing issue that could still come up are “subsidies that municipalities pay teams… that’s many millions of dollars.”

Continued:

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October 20, 2012

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NHL union chief calls Glendale’s Coyotes payments ‘direct subsidies’

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NHL union chief calls Glendale’s Coyotes payments ‘direct subsidies’

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