A new rubric is now in place for NHL commercial projects, with the league hoping it will help teams avoid costly mistakes that have cost the league millions of dollars.
The new rubrics, unveiled Monday, will require teams to list all the projects they have completed and how much money they have invested in them.
The goal of the rubric, which will be released Monday, is to help teams navigate the new regulatory system that has been created to help them avoid the types of mistakes that cost the NHL billions of dollars and led to the resignation of former president Brian Burke.
The NHL says it will update the rubrics every two years, and each update will include a list of projects that have been completed and their estimated dollar value.
The rubrics will be required on every NHL commercial project, and the league is hoping to be able to update them with every NHL franchise that is in the market for a commercial project.