Free Agency & General Offseason Thread Part IV: Will there be NHL hockey this year?
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08-12-2012, 04:21 PM
Join Date: Jun 2006
Originally Posted by
If Marc Methot goes broke Eugene Melnyk buys another defenseman, where as if Eugene Melnyk goes broke everyone employed by the Ottawa Senators loses their job and the city is harmed economically. Like I said it depends on what the teams are making/losing. The league is said to be making tons of money, but how much does each individual team make?
I'm all for the owners getting more money if it is going to increase the overall stability of the league. Now if the owners were going to get an extra 5% and spend it on ladies of the night I might not be on board.
If the overall stability of the league is your concern, then you need to be asking why the owners haven't found an equitable way of dividing up their share of the revenue.
The most successful professional league in North America, the NFL, sees the owners sharing in >60% of their share of revenue, in the NHL it is ~6%.
While Bettman may have assured the owners that a cap system would provide cost certainty, any system in which the payroll of revenue weak clubs is linked to the amount of revenue generated by the league’s wealthy franchises is fatally flawed and doomed to fail, no matter how low the league wants the players to go.
The current approach by the owners is just a rinse and repeat of the last CBA, there is nothing to see about league stability, it is just about a cash grab.
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