
Credit: NHL TV commercial
It’s no secret, the NHL is the least profitable, poorly marketed, and the lowest draw of all four professional sports leagues in North America. However, according to the Associated Press, business has picked up across the National Hockey League. It happens to coincide with one of the league’s freshest markets throwing one heck of a Stanley Cup championship parade in 2023.
We’ve seen an influx and a growth of female fans, diverse fans, They’re finding our product, they’re falling in love with it, they’re starting to watch more. -Kyle McMann, NHL Development to AP
Two years ago, we reported that it was estimated that 40% of Golden Knights fans are made up of women. After Vegas’ Stanley Cup championship, those numbers have most certainly increased. When you add young kids and newcomers to the sport the population of VGK’s community continues to rise. In turn, so are other NHL markets.
New fans, new franchises, and new broadcast partnerships aided the league’s latest boost in revenue and viewership. Sure, the sport may have seen a bounce back from the pandemic but let’s not forget the Golden Knights’ impact on the bottom line.
Business is booming for the NHL, which has bounced back in a major way from the pandemic. Backstopped by new media rights deals, digital dasher boards and helmet and jersey ads, and buoyed by an overlap of generational stars, ratings are up, attendance set a record and revenue is at an all-time high — an estimated $6.2 billion annually.
Trying new things, including puck and player tracking and cartoon versions of games to draw in younger fans, has set the table for this success. Decades since the experiment of the glowing puck, experts credited the league for attracting and retaining a bigger audience in a crowded sports marketplace… the league has done a good job reaching beyond traditional markets, overcoming some of the unavoidable shortcomings of being expensive to play. –Steven Whyno on APNews.com
Vegas may turn off some snobby traditionalists, but last year’s Stanley Cup Final was the second most-watched series since 2020. And in 2018, Vegas’ five game series against the Washington Capitals had the second-highest ratings since 2015. In seven seasons, hockey enthusiasts have gotten used to seeing Vegas deep into the postseason. The NHL has benefited from their competitive play.


