Very great editorial today in La Presse
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09-11-2004, 01:25 PM
Vlad The Impaler
Join Date: Feb 2002
Originally Posted by
This is exactly it. 6 teams are the problem. 24 teams are either profitable or within shouting distance of a profit ... if the new CBA cut the average salary by about 10% (as opposed to the 40% the league is proposing) to around $1.6-1.7 million, pretty much all of these teams would be financially viable.
The problem is 6 teams, and two of those (NYR and St. Louis) are owned by enormously wealthy interests that aren't affected significantly by losses.
So that gets us down to 4 or 5 problem franchises - some of which are in horrible hockey markets (Anaheim, Carolina, Florida), and some of which have been horribly mis-managed over the last decade (NYI, Pittsburgh). The problems in none of these cities have anything to do with the CBA ... the biggest problem the league has is putting franchises in non-viable hockey markets, and then expecting to tailor a CBA to make these franchises work. Like any bad business venture in any area, these organizations deserve to lose money and it shouldn't be on the backs of the players, most of which are suiting up for financially viable organizations under the current system, to compensate for the poor decision-making of the NHL and its owners.
There does need to be a market correction here, but the extent of the correction the owners are demanding is absolutely ridiculous.
Uh... it's a negociation.
Obviously, the 40% figure goal is bunk.
Is there anyone out there who really believes that?
There is something you forget, though. You're saying a small correction might make all teams viable but it will probably not allow them all the means to be competitive. This is what the owners are attempting here. The plan being that if they fail, they should at least get viability.
Personally, I'm much more concerned about an equal playing field so I support the owners pushing for more.
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