Lockout thread #2: mediation done - no progress
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11-15-2012, 09:41 PM
Join Date: Sep 2004
Location: And Soul
Originally Posted by
Short answer: yes.
Long answer: How else do you explain being unable to balance your books in a league that made 3+ Billion in revenue?
I don't know, this doesn't seem like rocket science. Run your business in an area where people are genuinely interested in your product.
So fold up 10 teams and lose 230 NHLPA jobs then. I'm sure the union would be all for that. Owners are entitled to make a profit, the players entire contracts are profits sans taxes no matter if their owner makes $100 million or loses $100 million.
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