Lockout discussion thread
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09-23-2012, 08:52 PM
Join Date: Sep 2004
Originally Posted by
And with their guaranteed contracts, NHLers have far less risks then some owners. Some owners need to have a winning team to make money. Therefore, they need to overpay the good players because other rich owners will do. Vicious cycle created because the salary cap related to the revenues was badly addressed. Too much room to spend for rich teams every year dragging the overbids. I know it's the owners that implemented it, but it clearly cant stay that way.
And what of the NHL franchises which depend so much on govt subsidies. For example, since 1997, the city of Nashville has provided the Preds with over $100-million in subsidies plus a new $230-million arena. Yes there's risk there but for taxpayers not owners.
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