More on the Canadian Dollar and the NHL

I found this table on the Battle of Ontario blog which illustrates what impact the rising Canadian dollar has had on the Ottawa Senators and the Toronto Maple Leafs. The Senators are paying about the same amount (in Canadian dollars) in salaries this year as they did in the 2000-01 season and slightly less than in the 2002-03 season. However, the Leafs are spending substantially less. About $15 million less than in the 2000-01 season and about $50 million less than in the 2002-03 season.