Lockout IV: One likes to believe in the freedom of hockey (Moderated: see post #2)
View Single Post
12-11-2012, 11:26 PM
Join Date: Jun 2010
Originally Posted by
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.
Redid your stuff
Using forbes' stuff here :
Revenue comes to 3.374b
With the last 6 teams removed, that brings revenue to 2.966b
2.966b-60m for pensions : 2.906b
2.906b*.57 : 1.656b for the players share
Over 24 teams, that brings the number to : 69.017m
Cap floor :
Midpoint : 69m
Ceiling : 77m
If you want me to remove the teams losing the most money :
3.374b for revenues with 30 teams
Brings it to 2.874b
2.814b after pensions
1.638b for the players
cap would be :
Since the cap would rise 4 to 5 million, just sort by losses and then tack on another 4 - 5m.
13 teams losing money now.
Afterwards : 11
Not a good solution
View Public Profile
Find More Posts by Krishna