Owners considering a new league...
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08-28-2004, 10:57 AM
Join Date: Mar 2004
Originally Posted by
Leasing arenas is the only tough part. The PA has plenty of lawyers already working for it. Travel expenses are not a big deal for a billion dollar business. The arenas already have employees in place. There are plenty of team staff available to work. The PA already deals with insurance for players.
Many Europeans comes to the NHL not just for the money but to prove themselves against the best in the world. World class athletes are more about the competition then the money.
If the owners will just drive up the prices, why wouldn't they just negotiate with the players instead of getting into a bidding war with a competing league?
And those experienced businessmen with billions of dollars can't seem to be able to make money in hockey. Why would you put your money on them if they've proven they can't successfully run a hockey team? Unless they aren't really doing as badly at running a hockey team as they claim.
In most cases, the owners dont care about losing a few million dollars per year on their hockey team, even allowing it to happen, because they make many more millions (and billions) from their other business ventures.
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