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Money & Power 2021
The Hockey News third annual Money & Power special edition is stocked with features and interviews exploring the financial side of hockey. Inside, you’ll find our annual Top 100 People of Power and Influence; NHL team reports, including profiles of every team’s owner and top business and hockey reps; and stories on COVID's impact on hockey and how Vegas is thriving in the desert.
Ty Tumminia
THE HOCKEY NEWS: The NWHL is embracing independent team ownership and looking to move away from the model of league-owned teams. Why is it so important to get strong, independent ownership? TY TUMMINIA: With local ownership, from a fan perspective, No. 1, you’ll create this customized and really kind of tribal community because you have that local ownership presence right there. And then it just aids in the resources, as well as creating a competitive edge. If you get all six teams under different ownership, that’s an exciting time when it comes to resources and competitive edge. THN: What does independent ownership do for the on-ice product? TT: We’ve seen it with Boston. There’s just more resources from that local owner and energy to advance the level of operation, to advance the fandom…
Steve Berard
GRAEME ROUSTAN: Why don’t we start with the history. Your company has a very storied history. STEVE BERARD: This is a great story. We’re based in Quebec, so in Canada. So, since 1975, all the NHL uniforms are made here in Quebec, in Saint-Hyacinthe. We have a factory, a very old factory that has been revamped, of course. But we’re very proud to manufacture all the jerseys in Saint-Hyacinthe since 1975. GR: What was your experience, your involvement, with the Seattle jersey? SB: It was actually very, very fun. This is the part that is the most fun. The teams, the design, we have seven people working on design. We’re working closely with Adidas. Of course, Adidas has the relation with the teams and NHL, and we are developing what they have decided.…
PITTSBURGH PENGUINS
OWNERSHIP TYPES ‘C’ & ‘B’ LEMIEUX & BURKLE HALL OF FAMER MARIO Lemieux is a hands-off owner, as are his partners, led by billionaire Ron Burkle. In fact, and perhaps stunningly, younger Penguins fans might hear about Lemieux as much for his considerable philanthropy as for his status as the face of ownership or even for his jaw-dropping playing career. His low-key public persona in recent years aside, everyone inside the organization understands Lemieux’s unmistakable influence since he rescued it from bankruptcy in 1999. He enables the team to spend to the NHL salary cap. During non-pandemic times, he often watches Pittsburgh home games from the owner’s suite and makes an appearance in or around the dressing room after games. His presence never goes without notice. It’s mostly his charisma coupled with at least…
NHL GENERAL MANAGERS
1. RON FRANCIS AGE: 57 | TOP 100: 28 SEATTLE KRAKEN GM No NHL executive will cause his peers more headaches this summer than Francis, a seasoned pro who is under pressure to perform Vegas-like results with the expansion Kraken. 2. KEN HOLLAND AGE: 65 | TOP 100: 35 EDMONTON OILERS GM The highest-paid GM at $5 million, Holland has the Oilers’ prospect list in its best shape in decades. A member of the competition committee, he often speaks for the GMs as a group. 3. STEVE YZERMAN AGE: 55 | TOP 100: 36 DETROIT RED WINGS GM Another strong voice on the competition committee, Yzerman garners the respect that comes from a Hall of Fame playing career. He’s also on his way to rebuilding the Red Wings. 4. DOUG ARMSTRONG AGE: 56 | TOP 100: 42 ST. LOUIS BLUES GM Even though the Blues…
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