This paper identifies the unique problems faced by Canadian small market (CSM) franchises in the National Hockey League (NHL). While featuring characteristics similar to other major leagues in North America, CSM franchises are also burdened by currency and taxation issues that favor US-based teams, as well as a reliance on gate revenues, which have exacerbated the problem for NHL teams. Three general alternatives devised to address the small market problem are introduced in this paper: (1) allow other stakeholders, such as levels of government, to subsidize weaker teams; (2) create revenue...Read more
