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11-23-2012, 11:51 PM
  #7
tsujimoto74
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Quote:
Originally Posted by Wrath View Post
I know little in this field so take what I say with a grain of salt:

Most franchises now (keyword most) still run a profit even with the massive increase in player salary, which makes me inclined to think that players were underpaid in 94-95. I know salaries shot up in the DPE between the lockouts of course (Joe Sakic Rangers offer sheet for example...).

Fact is that strictly speaking in terms of capitalism, owners would be losing money if players were overpaid, as the revenue the owners gain from ticket sales, advertising, equipment (jerseys, caps, etc.) sales, etc. would be lower than the cost of putting the players on the ice to play.
The owners are losing money, at least many of them. That's kind of why there's a lockout.

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