After the lockout...
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08-24-2012, 05:51 PM
RIP UW AlwaysBelieve
Join Date: May 2008
Location: Parts Unknown
Originally Posted by
Googled up some more Data today in my futile attempts to talk The Chancellor into taking a more Penguin friendly position on the impending lockout.
Turns out Forbes is the only newscorp doing yearly financial reviews of the NHL (I know-surprise surprise) and there is a 4 year trend that was easy to identify, while quite disturbing.
The number of teams in the red has been steadily increasing for years; 12 in 2008, 14 in 2009, 16 in 2010, and 18 in 2011. So in 4 years we went from 12 teams losing money to only 12 teams making money.
That is a horrifying trend for any League. It's especially bad given the record breaking increases in net revenue over the same time period.
The NHL business model as presently designed in the CBA is completely unsustainable. I did not know it was this bad. The owners literally can't give in to Donald Fehr and the players, it would be like slitting their own throats.
Yeah, that is certainly not what you would expect, given the league's increased net revenue.
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