Lockout Discussion Thread 4.0
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12-08-2012, 10:23 PM
Join Date: Jan 2003
Location: Gatineau, cālisse
Originally Posted by
on the other hand, profitable teams are losing money NOW. and some of them like the leafs who are making 100M and NYR making 60M a year may have not recovered those 100 and 60 M.
But their owners are not the ones losing money. The Rags are owned by a huge conglomerate, just like the Leafs. And the conglomerates are owned by people that will still be billionaires, because it is just one asset in their portfolios.
So the money they lose is just an accounting figure for one of their assets. Players have all but one source of revenues. And it's pretty dry right now.
Listen, I think the owners played all of this all wrong from the get go. They wanted to break the players from the get go. Didn't happen. At least, not yet. But if I was one of the Campolis of the world, I would sign. Because it has been proven over the last 30 years that the Campolis of this world finish with less money in their pockets over their working lifetime than you and me.
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