Levitt Report - NHL.com

More documents

Recommendations

Info

UNIFIED REPORT OF OPERATIONSREPORTING INSTRUCTIONSSCHEDULE II - REVENUES - ContinuedD. NHL T.V. Revenues - NetInclude all revenues derived from NHL contracts (CBC/TSN agreements, ABC/ESPN,Outer Market Fees and other NHL TV revenues, etc.) net of NHL direct broadcastingcharges. The amount reported on line 18 should include fiscal year end distributionaccruals and should be reconciled to the net amount disclosed in Appendix A.Variances, if any, should be explained in the margin. On line 19, report the CRTrevenues reported in Appendix A. All amounts should be reported in the regularseason column.E. Local Broadcasting Revenues - NetInclude all local broadcasting revenues, and net out reasonable and customary directcosts related thereto, (e.g., talent, production, travel, out-of-market fees paid (net ofdirect reimbursements from third parties) including any local pre-seasonbroadcasting revenues, other than NHL T.V. revenues (Section D). Revenues andexpenses directly relating to playoffs should be reported in the playoff column. Ifrevenues are earned regardless of whether your Team participates in the playoffs,then report the full amount in the regular season column. For Canadian Clubs, anyamount of “invasion” fees paid to your Club by the League from the national rightsmust be included herein.F. Local Cable T.V. Revenues - NetRevenues and direct costs related to local Cable T.V. must be accounted for in thesame manner as noted in section E.G. Local Radio Revenues - NetRevenues and direct costs related to Local Radio must be accounted for in the samemanner as noted in section E.H. Local Pay Per View and Satellite Revenues - NetRevenues and direct costs related to local Pay Per View and Satellite must beaccounted for in the same manner as noted in section E.I. Internet Revenues - NetReport revenues and reasonable and customary direct costs related to thedevelopment and production of your Club’s website.URO Instructions – September 2003 3112/18/2003 10:50 AM
UNIFIED REPORT OF OPERATIONSREPORTING INSTRUCTIONSSCHEDULE II - REVENUES - ContinuedJ. Publication - Program Revenues - NetInclude revenues derived from advertising in publications and sale of publications(ex. programs, calendars, fact books), and all direct costs reasonable and customarydirectly related to publications.K. Arena Novelty Revenues - NetInclude revenues and reasonable and customary direct costs relating thereto derivedfrom game day sales.L. Non-Arena Novelty Revenues - NetInclude novelty revenues and reasonable and customary direct costs relating theretoother than arena novelty sales (Section K).M. Concession Revenues - NetInclude all concession revenues and reasonable and customary direct costs relatingthereto derived from game day sales. Direct expenses, however, should exclude anydepreciation and/or leasehold amortization expenses that should be reported onSchedule I, section H.N. Luxury Box (Suites) Revenues - NetInclude the gross portion of the luxury box (including hospitality/game day suite)revenues earned by your Club. The ticket value of luxury box seats that is includedon line 60 should be deducted on line 61. The amount deducted should be the sameas the amount reported on line 4 (Section A). Report on line 63 all reasonable andcustomary direct costs relating to luxury suite operations for which revenues on line60 were derived, except for any depreciation and/or leasehold amortization expense,which are to be reported on Schedule I, section H.O. Club/Premium Seat Revenues - NetInclude the gross portion of the club/premium seat revenues earned by your Club.The ticket value of club/premium seats included on line 64 should be deducted online 65. The amount deducted should be the same as the one reported on line 5(Section A). If the full value of club seats is included in Gate Receipts (Schedule II,section A) and no extra premium is charged, please note “no premium” on line 64.Report on line 66 all reasonable and customary direct costs relating to club seatoperations for which revenues on line 64 were derived, except for any depreciationand/or leasehold amortization expense, which should be reported on Schedule I,section H.URO Instructions – September 2003 3212/18/2003 10:50 AM
Page 1 and 2:
independent review of thecombined f
Page 3 and 4:
Conclusions:In accordance with my a
Page 5 and 6:
The revenues and expenses reported
Page 7: Phase III - Review of 2002-2003:For
Page 10 and 11: 8. We tested the mathematical accur
Page 12 and 13: .Buffalo, the agreed-upon procedure
Page 14: from the licensing of suites and cl
Page 18 and 19: formula which takes into account: c
Page 20 and 21: However, with respect to broadcasti
Page 22 and 23: ooks. Similarly, the combined URO r
Page 24 and 25: team operations are insufficient. F
Page 26 and 27: Appendix ATEAMMighty Ducks of Anahe
Page 29 and 30: UNIFIED REPORT OF OPERATIONSREPORTI
Page 35 and 36: National Hockey LeagueUnified Repor
Page 57: UNIFIED REPORT OF OPERATIONSREPORTI
Page 75 and 76: Appendix C (cont’d)Arena Novelty
Page 77 and 78: Appendix EURO REPORTINGOTHER COSTS!
Page 79 and 80: Appendix GForm of Agreed Upon Proce
Page 81 and 82: Appendix HForm Of Agreed Upon Proce
Page 83 and 84: Appendix INHL Summary Statement of
Page 85: Lynn E. TurnerAppendix KMr. Turner
show all

Levitt Report - NHL.com

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?