NHL adopts disclosure policy for owners

In late September the NHL instituted a new rule in which owners,who usually keep their business private and to themselves, will have to disclose it.  In response to some unknown finacial arrangements between owners, now owners will have to disclose all business and financial relationships between one another.  The league has said all 30 teams have complied with the new policy and that the rule also applies to all potential new owners.  Which means all potential owners must disclose all their relationships with other NHL owners at the time of the potential 

purpose.

From:http://www.sportsbusinessjournal.com/article/60609

With the passing of this rule, I feel the league will be more financially better.  With the league aware of all business relationships, maybe they can prevent another unneeded lockout and stay financially safe.  This also prevent secrets and so the league will not have any surprises.  This  will help the league regain status and flourish for more years to come.