Shocking! NHL formally rejects NHLPA offer
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09-10-2004, 02:24 PM
Join Date: Nov 2002
Location: Ottawa (Go 'Nucks)
Originally Posted by
If that is accurate, those six teams should be shut down. Problem almost solved.
Hardly. First of all, take them away, and you're still left with a business that's losing somewhere from $60 to $100 million a year, and increasing each year. The easy revenue streams have been tapped, you can't just add new stadiums, more skyboxes, third uniforms like they could during the past eight years.
Further, these aren't independent franchises, where you can just shut down one without affecting the others. Tossing away six franchises is going to massively hurt the league, not help it.
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