Contraction a necessary evil for survival of NHL says economist
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12-03-2012, 04:34 PM
Join Date: Oct 2007
Location: Leaf Nation Hell
Originally Posted by
The PAs position is clear...
Relocate failing franchises.
-If NHL insists staying put in money-losing markets, NHL pays for them.
-If NHL insists in pursuing it's Southern Strategy for an elusive big-money deal in 5, 10, 15 years, NHL pays for it.
There are not 30 north American markets that can or will operate under a 50m floor. There just aren't. There aren't even 20.
The NHL does plan on paying for its expansion plan by reducing the salaries of its employees who are extremely overpaid.
With a lower cap, many of these franchises can and will survive. Contraction makes no sense.
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