Lockout II - Moderated: Talk about your plenty, Talk about your ills...
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12-02-2012, 03:55 PM
Join Date: Nov 2005
Originally Posted by
This is one of the best posts in this thread and highlights a great point that isn't given enough weight: We can argue how much what owners are losing and how many franchises are not profitable. We can debate who is hiding money and projecting losses on to their teams through creative accounting. The black and white fact of the matter is, if the NHL as a whole was a healthy money making machine, there would never be a lockout. *most* of the owners are smart businessmen. That is how they got the money they have now. They would not just throw away a season's revenue to try to squeeze a few hundred million more from the players.
Some of them might to keep themselves from paying the freight for the teams losing money. We are talking about wealth transfer here, not ways to grow revenue. The revenue growth is in the wrong places, so you have the excess baggage that cannot keep up with costs. You have two options: take it from the players' share or take it from the rich teams.
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