The Lockout Thread: Good Things Come To Those Who Wait
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09-13-2012, 07:21 PM
Join Date: Jul 2012
Originally Posted by
Ok, so allow me to look like a complete idiot. I haven't been following the financial part of hockey closely at any point in my experience as a fan.
The argument, from what I can glean, revolves around player and owner percentages of revenue. I know what revenue is and I understand the concept of percentages (and if I didn't would you expect that I would be punctuating so well)
What I don't understand is that players have a stake in revenue at all. The players sign a contract. From what I understand they are paid X amount of dollars to play X amount of seasons. A contract is binding by law no matter how you slice it. The players are owed that amount of money if they play for the team (barring injuries and in that case insurance comes in).
Do players get a cut of the revenue that I am not aware of? Please, someone knowledgeable, set a helpless mind at ease.
I'm not knowledgeable, but I like typing, so I'm gonna throw out a guess that it would have to do with where they set the cap.
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