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No More Lockout Blues! - 2012 Lockout Part 2 [UPD: AGREEMENT REACHED!]
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11-10-2012, 12:36 PM
Join Date: Jul 2012
Read an interesting article in today's Globe and Mail by Eric Reguly, on the economics of the KHL. I cannot find an e-link, so here are a few excerpts:
"With a scarcity of fans, none of the 20 KHL teams in Russia turns a profit"
"My hot dog, Snickers bar and bottled water comes to...$3.25. A game ticket costs about $10."
"...teams are controlled by an eclectic mob of state and private owners that make you wonder whether Russian pro hockey is business, charity or vanity project."
"Most of Russian teams play in terrible stadiums that they do not own..."
"TV revenues are pathetic...about $4 million a year....compared to the NHL....deal averages $200 million a year"
Anyone who thinks the KHL is a viable alternative to the NHL is smoking something. There is no other economic model on earth that generates the salary and lifestyle for hockey players that the NHL does.
They should thank their lucky stars and get back to work.
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