PWHL Executive Amy Scheer on Women's Hockey Growth, Expansion, and the Olympics
CNBC TelevisionNovember 20, 202524 min3,011 views
34 connectionsΒ·40 entities in this videoβPWHL's Rapid Growth and Success
- π The PWHL has exceeded expectations in its first two years, with attendance up 27% and merchandise sales doubling year-over-year.
- π‘ Growth is fueled by a broader enthusiasm for women's sports, generational shifts, and the visibility of stars like Caitlin Clark and Angel Reese.
- π― The league is actively building its own audience, distinct from the NHL, by creating new hockey fans.
Fan Engagement and Accessibility
- π¨βπ©βπ§βπ¦ The PWHL's fan base is balanced between men and women (55% men, 45% women) and is particularly strong with families.
- β¨ The in-arena atmosphere is described as one of pure joy and a wholesome environment, making it a safe and affordable space for families.
- π The hockey itself is high quality, contributing to an accessible and enjoyable fan experience.
League Structure and Player Relations
- π€ The league benefits from an eight-year Collective Bargaining Agreement (CBA) in place from day one, providing stability.
- π° Player salaries are transparent within the league, fostering player happiness and a positive league environment.
- π The PWHL is owned by the Walter Group, which owns other major sports franchises, providing significant expertise and resources.
Pipeline and Olympic Impact
- π± NIL (Name, Image, Likeness) has helped bridge the gap from college to professional sports, building player brands and carrying fan bases over.
- π Youth hockey participation is growing significantly, with over 100,000 girls playing in the US and 115,000 in Canada.
- π The Olympics provide a significant tailwind for women's leagues, with 25% of PWHL players participating, highlighting that elite women's hockey is a year-round offering.
Expansion and Future Outlook
- π The PWHL has successfully expanded into Vancouver and Seattle and plans to add two to four more teams next year.
- ποΈ Key expansion criteria include suitable infrastructure (arenas for games and practice), a strong youth hockey market, and support for women's sports.
- π The league is focused on fan engagement, building player brands, and leveraging partnerships to drive growth, recognizing that building the fan base is a daily, incremental process.
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Transcript83 segments
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Whatβs Discussed
PWHLWomen's HockeyLeague ExpansionOlympicsFan EngagementCollective Bargaining Agreement (CBA)NILYouth HockeySports BroadcastingPartnershipsWalter GroupTicket SalesPlayer SalariesSports Betting
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