Gillett Selling Liverpool Due To Financial Crisis
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10-22-2008, 01:13 PM
Join Date: Jun 2007
Location: Hockey Mecca
Originally Posted by
We still coud give Dandenault in compensation.
Where it will hit the entire league is in the salary cap. With the dollar at 80ish cents now, the salary cap will not be at 56 next year.
Don't sign Gaborik!
At least, they should have a good estimate of the backlash before the end of the season and it should show on the total revenues by the end of it. I just hope there will be enough in the escrow accounts to levy the losses. But this opens up another debate entirely, on whether the optional two years will be agreed upon for the CBA, and in turn, what will happen to the present salaries if next year's cap is lower and the escrow account cannot compensate for all the losses if the dollar keeps going down by the end of the 09-10 season.
I just hope Gillet isn't doing so bad overall, because the Habs could be the next toy he'll think of selling.
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