NHL heads are thieves...... [Archive]

ginner classic

09-23-2003, 09:25 AM

http://www.usatoday.com/sports/hockey/nhl/2003-09-19-finances-report_x.htm

NHL report: Teams combined to lose almost $300M last year
NEW YORK (AP) — NHL teams posted record losses of nearly $300 million last season, according to figures distributed to owners this summer.
That was an increase of 35% from the $218 million in operating losses incurred by the league last year. ...........The NHL locked out players for 103 days in 1994 and reportedly has assembled a $300 million war chest as it prepares for contract talks.

Did anyone else find this amusing?

brianscot

09-23-2003, 09:30 AM

Yes, quite fascinating.

They are using their "losses" to promote the need for "cost certainty" and yet, can somehow stock up for a lockout with a war chest at the same time.

The bosses have a fine career in politics ahead of them.


	HFBoards > General Hockey Discussion > National Hockey League Talk > NHL heads are thieves...... PDA NHL heads are thieves...... ginner classic 09-23-2003, 09:25 AM http://www.usatoday.com/sports/hockey/nhl/2003-09-19-finances-report_x.htm NHL report: Teams combined to lose almost $300M last year NEW YORK (AP) — NHL teams posted record losses of nearly $300 million last season, according to figures distributed to owners this summer. That was an increase of 35% from the $218 million in operating losses incurred by the league last year. ...........The NHL locked out players for 103 days in 1994 and reportedly has assembled a $300 million war chest as it prepares for contract talks. Did anyone else find this amusing? brianscot 09-23-2003, 09:30 AM Yes, quite fascinating. They are using their "losses" to promote the need for "cost certainty" and yet, can somehow stock up for a lockout with a war chest at the same time. The bosses have a fine career in politics ahead of them.