• Loading stock data...
Saturday, January 17, 2026
    More
    Leagues

    NHL Takes Out $1B Loan

    • The money will be divided among all 31 teams to curtail cash-flow issues, payroll costs, and other operational expenses.
    • The league has already implemented other measures to make up for lost revenue from the 2019-20 season.
    By
    Jan 28, 2021 | 10:06 pm
    Anne-Marie Sorvin-USA TODAY Sports

    NHL commissioner Gary Bettman announced a new plan to survive the shortened season.

    The league is borrowing approximately $1 billion. The money will be divided among all 31 teams to curtail cash-flow issues, payroll costs, and other operational expenses, according to Sports Business Journal. 

    The NHL is in the beginning stages of its 56-game season. The commissioner had announced on Jan. 11 that the league could lose billions in potential revenue. 

    The league has already implemented other measures to make up for lost revenue from the 2019-20 season:

    • Helmet ads are expected to generate $15 million across all teams. 
    • New division sponsors — Discover, Honda, MassMutual, and Scotiabank — are viewed as a “one-year-only” campaign.”

    The NBA issued a similar plan by acquiring $900 million in debt and giving each of its franchises $30 million to help teams navigate financial losses. 

    Months away from the postseason, chances are Bettman’s billion-dollar announcement won’t be the last major adjustment.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    May 17, 2023; Rochester, New York, USA; A bucket of TaylorMade balls are seen during a practice round of the PGA Championship golf tournament at Oak Hill Country Club.
    by

    TaylorMade Sues Callaway Over Rival’s Alleged ‘Mud Balls’ Claims
    The two companies are among the largest golf equipment manufacturers.
    exclusive
    by

    WNBA Exploring Buying Back 16% Stake Sold in 2022
    The league sold the $75 million stake when it badly needed capital.
    Dec 16, 2025; Las Vegas, Nevada, USA; NBA commissioner Adam Silver attends the Emirates NBA Cup Final between the New York Knicks and the San Antonio Spurs at T-Mobile Arena.
    by

    Silver Says NBA Europe Won’t Be ‘Viable Commercial Enterprise’ for a While
    He also addressed EuroLeague’s legal warning, saying a clash is not “inevitable.”
    Jan 14, 2026; Inglewood, California, USA; Los Angeles Clippers forward Kawhi Leonard (2) shoots over Washington Wizards forward Kyshawn George (18) in the first half at Intuit Dome.
    by

    Clippers Suddenly NBA’s Hottest Team As Cap Investigation Continues
    The Clippers have the NBA’s best record since Christmas.

    Featured Today
    by

    Sports Goes All In on Non-Alcoholic Drinks Boom
    Athletes, teams, and leagues are pouring money into the NA beverage category.
    Tulsa Portal House
    January 16, 2026

    Inside the Tulsa Portal House: ‘This Will Translate to Wins’
    The Golden Hurricane set up an over-the-top battle station for football recruiting.
    Black Rabbit
    January 10, 2026

    The Netflix Star Who Makes Sure NBA Players Have Clean Towels
    How a Nets staffer landed a breakout role on “Black Rabbit.”
    January 9, 2026

    NHL Ditched Its Dress Code. Hockey’s Fashion Era Arrived Quickly
    With no dress code, impeccably dressed players are seeing big-money deals.

    More in Leagues
    Apr 12, 2025; Augusta, Georgia, USA; Fans cheer for Bryson DeChambeau on the no. 18 green during the third round of the Masters Tournament at Augusta National Golf Club
    by

    SeatGeek Is First Reseller to Drop Masters Tickets After Crackdown
    Last year, ticket resellers were hit hard by Augusta National.
    Fiebich
    January 15, 2026

    Project B Tokyo Stop Could Conflict With Proposed WNBA Start Date
    The WNBA is seeking a much earlier start in CBA negotiations.
    Jan 25, 2012; Melbourne, AUSTRALIA; A general view of Rod Laver Arena during the match between Novak Djokovic (SRB) and David Ferrer (ESP) on day ten of the 2012 Australian Open at Melbourne Park.
    January 15, 2026

    Australian Open’s Rising Popularity Also Brings Growing Pains
    As attendance soars at the tennis major, so have fan complaints.
    Sponsored

    ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..
    At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
    January 15, 2026

    Alex Morgan Leads Investor Group for Women’s Indoor Golf League
    The former USWNT soccer star is expanding her sports portfolio.
    Bryson
    exclusive
    January 15, 2026

    NFL, PGA Tour Won’t Let Players Endorse Prediction Markets
    The leagues aren’t swayed by Kalshi’s deal with Bryson DeChambeau.
    Nov 22, 2025; San Jose, California, USA; Washington Spirit forward Trinity Rodman (2) looks to pass against Gotham FC during the second half at PayPal Park.
    January 14, 2026

    NWSL Union Files Grievance Over League’s ‘Rodman Rule’ for Star Players
    The NWSLPA says the league “never negotiated” the workaround with the union.
    Phil Mickelson of Team HyFlyers GC hits off the fifth tee during the LIV Golf Michigan Team Championship semifinals at The Cardinal at St. John’s in Plymouth on Saturday, Aug. 23, 2025.
    January 14, 2026

    LIV Golf Envisions $1B Franchises, but Not Ready to Sell Ownership Stakes
    There are 13 four-player LIV Golf teams.