Lockout IV: One likes to believe in the freedom of hockey (Moderated: see post #2)
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12-11-2012, 11:04 PM
Join Date: Sep 2012
Originally Posted by
Guys--- the system that's broken was instituted to save the 30 team league.
If you didn't have those 6-ish or so teams......
you wouldn't need that system.
Contract those 6 teams and you slash total player salary by roughly 20% or 310 million per year. (the total salary of the contracted teams)
New cap midpoint would be 63 million instead of 61 million (assuming 57% HRR split). Players would pocket 2 extra millions per remaining team (2 * 26) = 52 million.
Moral of the story: the NHL is subsidizing player salaries with the old structure. Players would lose over a billion with contraction over 10 years. Since the NHL teams are largely flat when it comes to revenue (save the top 6 or so teams) then contraction is a bad game to play for everyone and it's why that word isn't coming out of the PA.
Solution: 50-50 split. League grows to 36 teams by 2022, players win across the board, owners make money, everyone is happy.
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