The 2012-2013 NHL Lockout Discussion Thread
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11-27-2012, 02:38 PM
Join Date: Feb 2003
Highly talented labor is always going to be more than commonly talented labor, it's a simple supply and demand situation. That why CEO's make so much money (among other reasons) because the competition to acquire that talent is so difficult that incentives have to be provided.
The thing I'm having a hard time justify is when any labor workforce should have the right to claim a portion of a companies revenue. Sure, they have the right to ask for it, but I am not sure that linkage is truly fair.
Others have mentioned how the owners put up the capital and take all of the risk so the players get a great deal by collecting the leftovers after that risk has been taken. The NHL got tricked into tying players salaries to their revenue and now it's hard to back out. Even worse is that teams are having to pay based on the average revenue generated and not the median revenue generated.
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