Report: NHL considering providing extra help to cash-strapped teams

Very few things are certain in the hockey world right now. One thing that is certain is the fact that even the most profitable teams in the league are feeling the pinch as fans have not been in arenas since last March. The NBA, which is dealing with the same situation, has announced that it is providing an immediate cash injection of $30 million for each team in the league. According to TSN's Darren Dreger, the NHL is looking at doing something somewhat similar.

"The NHL provides a league wide credit facility for all clubs," said Dreger. "Sources say the league is considering increasing the credit amount fairly significantly."

While not the same as a cash injection, the ability to access extra credit could go a long way in ensuring teams aren't completely annihilated by the loss of revenue over the last several months. Teams would, of course, have to pay that back. But that will be much easier to accomplish when they can once again sell tickets to games.

So, which teams might be looking at taking advantage of this? According to rankings published by Forbes in December of 2019, the least valuable teams in the NHL are the Arizona Coyotes and Florida Panthers, to absolutely no one's surprise. Rounding out the bottom five are the Columbus Blue Jackets, Buffalo Sabres and Winnipeg Jets. On the flip side, the most valuable NHL teams are the New York Rangers, Toronto Maple Leafs, Montreal Canadiens, Chicago Blackhawks and Boston Bruins.

According to the latest from ESPN's Greg Wyshynski, January 13th is the confirmed start date for the 2020-21 season. You can read more details on that below:

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