Record payments, rewards for youth coaches
The latest KHL board meeting took place in Moscow on Sep. 14. The league celebrated record payments to clubs, highlighted improved financial discipline and introduced a new scheme to reward coaches who develop players that go on to play at the highest level.
The KHL shares a record sum between its clubs
On Sep. 17 in Moscow, the KHL Board of Directors held its latest meeting. During the course of the discussions, it was confirmed that money earned by the league for last season’s TV rights would be distributed among our member clubs. In total, more than 466.5 million rubles (US$6.2 million) will be shared among the competing teams. Despite the curtailment of the 2019/2020 season, the League continues to follow its strategic development plan and increase the annual payment to the clubs.
The road to the salary cap
On December 11, KHL President Dmitry Chernyshenko had his annual meeting with the directors of the KHL’s clubs. During the discussions, various amendments to the KHL’s regulations were reviewed. The most significant changes concern the implementation of a hard salary cap, which will be introduced next season. Here’s a run-down of how the new rules affecting players’ salaries will operate.
Board of Directors to introduce a salary floor from 2020/21
The KHL Board of Directors caught up with the progress of various working groups at a meeting on Friday, Sep. 6 in Moscow. Among the questions under discussion were changes to the tournament structure, loan deals for players and the introduction of a salary floor for KHL players starting from the 2020/21 season.
KHL shares to club over $6 million revenue
On Friday, the 6th of September, at a meeting of the KHL Board of Directors in Moscow, approval was given to the distribution among member clubs of profits earned from the sale of TV rights to matches in the Championship. The total sum shared out between the League’s teams amounted to more than 419 million rubles, over $6 million, subject to Russian Sales Tax.
Gennady Timchenko re-elected as Chairman of the KHL Boards of Directors
On Friday, the 7th of September, the League’s Board of Directors unanimously re-elected Gennady Timchenko as the President of the Board and reviewed the plans for the current season. The meeting began with a minute’s silence in memory of the victims of the Lokomotiv Yaroslavl plane crash.
League clubs to share almost $6m windfall
On Friday, the 7th of September, at a meeting of the KHL Board of Directors in Moscow, approval was given to the distribution among member clubs of profits earned from the sale of TV rights to matches in the Championship. The total sum shared out between the League’s teams amounted to more than 400m rubles, almost $6m, subject to Russian Sales Tax.
How the KHL teams ranking changed in 2017/2018
At the League teams’ directors meeting on May 23, 2018, the new ranking parameters were presented, and the teams were again ranked by the various indicators. KHL.ru explains what factors influenced on the teams’ positions improvement or worsening at the end of the jubilee season.
We need to promote our clubs and the KHL brand: directors react to meeting
Just before the Closing Ceremony for the 10th anniversary KHL season, the directors of the league’s member clubs held a meeting. In the course of the discussions, league president Dmitry Chernyshenko led a review of the season just gone, unveiled the new team rankings, and explained the league’s future development strategy and the projected schedule for the coming season.
Season 2018-19: 25 clubs, a lower salary cap, and an ASW in Tatarstan
The Kontinental Hockey League Board of Directors held a meeting today in Moscow, the outcome of which included the approval of the structure for the KHL Championship 2018-19 season, an outline of the draft version of the match schedule for the new season, and the identity of the host cities for the 2019 Week of Hockey Stars.