Winnipeg Jets co-owner and governor Mark Chipman dropped a bombshell at a press conference today, announcing the Jets will not be a revenue-sharing team for 2011-12.
The assumption far and wide -- including by the team until very recently -- was that the Jets, playing in the NHL's smallest building and in its smallest market, would need to participate in the league's welfare system to make a go of it.
True North Sports and Entertainment won’t know for absolute certain until the league’s revenues and finances are audited after the playoffs are over, but Chipman’s actual point was that revenues for the NHL’s first season back in Winnipeg have exceeded expectations to the point the Jets could well be in the league’s top 15 of revenue.
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