How long will the lockout last?
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09-17-2004, 02:46 PM
Join Date: Mar 2004
Originally Posted by
go kim johnsson
And the owners lose nothing? We don't know what the players have but the owners have a 'war chest' of $300 million.
That accounts to $10 million per team. Not a whole lot.
Well lets take a look on the players side. Whats the total cost that players make? Well, I dont know the exact figure so lets figure it out.. $1.8 million average salary. About 800 players in the union? So what is that? $1.4 billion?
So... players lose $1.4 billion or the owners lose $300 million (i doubt the entire war chest will be used up in one year.. probably 1.5 years of no NHL to use the entire war chest fund)
The players ultimately lose more.
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