[Guest Post] Revenue-Sharing in the KHL
[I am very happy to turn over the blog this evening to Aivis Kalnins, with an excellent and concise guide to the complicated subject of revenue sharing in the KHL. Take it away, Aivis!]
The Kontinental Hockey League (KHL), for the first time in the league’s history, has received enough income to award teams with approximately 100 million Russian rubles or about 1 506 500 Euros, recommending that the money be used for servicing of equipment and the modernization of the arenas.
The largest amount will be transferred to last year’s Gagarin Cup champions – SKA St.Petersburgh (12.89 million rubles or about 194,194 euros). The regular season champions CSKA Moscow will receive 8.95 million rubles, or around 134,836 euros, and last year’s Gagarin Cup finalists Ak Bars Kazan will receive 7.41 million rubles or 111,635 euros. The rest of the payments for other teams were not disclosed but here we can take a look how the Board of KHL decided to split it so that everyone gets something:
- 40% of the money is divided equally between all the clubs.
- 30% is divided according to the television ratings.
- The remaining 30% is distributed by the results of the season itself. (50% for playoff teams, 25% to the Gagarin Cup winner, 15% for the regular season winner, 10% to the losing Gagarin Cup finalist).