#EuropeVSNHL: Why Switzerland and Sweden are comparable to the NHL's top 5
Tonight, the Edmonton Oilers will play Game 4 of the #2024StanleyCupFinal, and a loss will extend Canada's winless streak to 32 years. The superstitious will call it a curse, and financiers specializing in professional hockey (we're talking about me) will call it a logical outcome. The #Alberta #EdmontonOilers and #CalgaryFlames take-home pay for the 2023-24 season was $79,902,403 versus #Florida State's $92,994,207. And that extra $13 million makes the difference—Florida teams have made the #StanleyCup finals for five seasons in a row and are likely to take home their third trophy in five years this year.
#SwitzerlandvsAlberta
Take-home pay $: 83,358,321 vs 82,910,824
Population millions: 8.77 vs 4.36
GDP 2024 Billions $: 870 vs 277
Largest arena: 17,031 vs 19,289
By the way, the total Take-home pay for the province of Alberta, including the Calgary Wranglers team, in the 2023/24 season was $82,910,824 - the sixth highest among states and provinces with #NHL teams. According to this indicator, Alberta also surpasses Switzerland. Take-home pay in the 2023/24 season in the National League was $69,248,233, and if you add $14,110,088 Take-home pay in the Swiss League we get $83,358,321.
In the 23/24 season, the Swiss Genève-Servette Hockey Club won the #ChampionsHockeyLeague, making it the strongest team in Europe. This is Switzerland's second club trophy after the ZSC Lions won the #CHL in 2009.
#SwedenvsPennsylvania
Take-home pay $: 92,929,815 vs 96,579,997
Population million: 10.49 vs 12.97
GDP 2024 billions $: 591.2 vs 965.067
Largest arena: 13,850 vs 19,538
Pennsylvania is represented in the NHL by two successful franchises: the Pittsburgh Penguins and Philadelphia Flyers, who brought the state seven Stanley Cups. In the 2023/24 season, the total Take-home pay was 82,751,491. To this cost should be added the 14,827,506 net salary of the AHL teams Lehigh Valley Phantoms, Wilkes-Barre/Scranton Penguins, and the Reading Royals of the ECHL. Thus, the net salary of the six teams in Pennsylvania in the 2023/24 season was $96,579,997
Among European countries, Sweden can be compared with Pennsylvania. With a smaller population and GDP, the country spends about the same amount on Take-home pay as Pennsylvania. Since 2006, Swedish teams have won the #EuropeanTrophy and Champions Hockey League ten times. At the same time, the Svenska Hockeyligan AB is one of the strongest in the world, and its annual take-home pay is approximately €64,750,000. In the case of Sweden, where a transitional championship system operates, it is necessary to mention HockeyAllsvenskan. Take-home pay in it is approximately €16,625,000. According to my calculations, the Take-home pay in the Hockeyettan AB for the 2023/24 season was €5,147,399, which collectively makes Sweden almost equal to Pennsylvania in terms of net income for players of all three tiers, with a total cost of approximately $93 mln.
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5moIf the CHL and NCAA could work themselves out with eligibility, more kids would opt to try the CHL and Junior hockey in Canada, without being handcuffed if they step on the ice for warmups in a preseason game.