Quote:
Originally Posted by Chancellor Vitale
Give the guy some credit. All anyone needs to do to understand this stuff better is read a couple good books on business negotiations, and on economics in the sports and entertainment industry, then stay up to date with a good magazine like the Economist. This isn't rocket science. These aren't nobel prize winners debating and crunching the numbers here. Just a bunch of business tycoons and lawyers.
It IS over the head of the average player (and the average fan), but it is not over the head of someone like Adams IMO. I would trust what he says more than most players for sure.
Plus, you don't graduate from Harvard without taking some business and econ classes, even if you're a history major. He should have the resources upstairs to know what's going on, based on what I know of the man. But I could be wrong.
Meantime, Sid should be quiet because he clearly does NOT have the background to be commenting, except in a very general way about the flow of negotiations or things like that. He's the perfect example of someone who probably has only a cursory understanding of the accounting and economics involved. Any of these guys who never went to college, especially the younger ones whose lives have consisted mostly of playing, partying and video games so far, probably don't understand much.
http://www.tsn.ca/nhl/story/?id=409338
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I'll concede on, Adams. I also feel he has a good head on his shoulders. I think Sid doesn't have a grasp on this for sure, and he probably leans on Adams for his explanation of how these work out. But really, if these guys are solely depending on Fehr for his take, he's got them out too lunch.
What it all boils down to, for me, is that we'll all be here again real soon again because, the slow chipping away at the issue is gonna take decades to get the league where it should be now. It'll take only the ones who can afford to lose a few mil over the course of their contracts to actually be where it's close enough for this round of CBA dealings.