Quote:
Originally Posted by tempest2i
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.
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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.