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12-21-2012, 04:48 PM
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Originally Posted by Fugu View Post
I would say no.

It's like the Great Britain deciding against joining the monetary union. You lose the ability to control your own fiscal and monetary policy, and can end up on the hook for the foibles of other 'managers.'

I think NHL owners would prefer self-determination, especially the ones who are making money, or not losing all that much.
Good point, and for some of the owner's (I'm looking at you, Ed Snider,) I'm sure that it would be true.

That said, if I were an owner, the thought of the increased profitability across the entire league would be enticing. No player minimum salaries, and revenues would likely continue.

Also, as an owner, liquidity of capital is likely a concern, as well. Team's are hard to move, and it's a challenging investment, to say the least, if you need capital quick.

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