Levitt Report - NHL.com

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UNIFIED REPORT OF OPERATIONSREPORTING INSTRUCTIONSSCHEDULE IV - TEAM OPERATING COSTSFor Sections A through D, report amounts relating to your Club’s Major LeagueOperations. Costs relating to the Minor League Team operations must be reported inSchedule V.A. NHL General Managers & Coaches CostsInclude both current earnings and the present value of deferred earnings andbonuses. Use the same accounting guidelines for recognizing earnings as detailed insection "A" of Schedule III of the reporting instructions. If your Club’s GeneralManager also serves in an administrative capacity, such as Team president, includethe portion of his salary and benefits related to his GM function on line 1 of thissection and the balance on line 1 of Schedule VII.B. Trainers CostsInclude both current earnings and the present value of deferred earnings andbonuses. Use the same accounting guidelines for recognizing earnings as detailed insection "A" of schedule III of the reporting instructions.C. Other Team CostsTravel & Lodging - line 5Include all Team travel and lodging relating to players, GM, coaches and trainers.Players’ per diems should be included on line 13 of Schedule III. Please providecharter costs and hours flown in parenthesis.Sticks - line 6Include the cost of sticks relating to your major league Team. To the extent thatthis amount is not reported separately in your Club’s general ledger, please use yourbest estimate and report the amount here.Protective Equipment, Uniforms & Other Supplies - line 7Include pants, skates, pads, gloves, helmets and other protective equipment, as wellas sweater, socks, underwear and other non-protective equipment and supplies.Practice Facilities - line 8Include costs for ice rental, at home and on the road, and other practice facilitycosts. Any practice facility cost relating to training camp must be reported inSchedule V, Section F, line 17. Rent charges from an Affiliated Entity thatmanages, operates or own your Club’s practice facility should be at market rate. Allother revenues and expenses related to practice facilities must be excluded from theURO or reported on Schedule I, section H, line 21 (on a net basis).URO Instructions – September 2003 3912/18/2003 10:50 AM
UNIFIED REPORT OF OPERATIONSREPORTING INSTRUCTIONSSCHEDULE IV - TEAM OPERATING COSTS - ContinuedMoving Costs - line 9Include hockey personnel (e.g., GM, coaches and trainers) relocation costs. Reportplayer movement costs on line 26 of Schedule III.Medical Costs - line 10Include the Team physician, cost of doctors, hospital, annual examinations, medicalsupplies and other related medical costs. Medical costs paid on a player's behalfmust be included on line 27 of Schedule III.Insurance - (Team is beneficiary) - line 11Report player, GM, coach and other hockey staff insurance costs where the Team isthe beneficiary (e.g., Player temporary total disability insurance premiums (TTD)).Other Costs -Include all other costs not reported above relating to Team operations only.D. NHL AssessmentsLeague Operations - line 13Regular Season:Report the grossed up League operating assessment. This amount should agreeto the grossed up NHL Assessments (i.e., before NHL Enterprises Rights and CRTFunding Credits) reported in Appendix A.Playoffs:Report the League playoff regular, additional and pool assessments. Thisamount should agree to amounts reported in Appendix B. The NHL playoff andregular season awards paid by the League to your Club should be deducted online 14.Prior Years’ Adjustments and Other Special League Assessments - line 15Report all other special League assessments, if any.URO Instructions – September 2003 4012/18/2003 10:50 AM
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independent review of thecombined f
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Conclusions:In accordance with my a
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The revenues and expenses reported
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Phase III - Review of 2002-2003:For
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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 65: 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
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