The Lockout Thread UPD 1/6 - framework of new CBA agreed to
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12-25-2012, 05:32 PM
Join Date: Jan 2011
Originally Posted by
Oh come on... Do you think they hosted the SAP tournament for free all those years? They manage the arena... They get plenty of revenue from non hockey related activities. Plenty to more than cover the 5 million on average they lose on the Sharks and make a nice profit. They still do need the revenue from the Sharks to make a profit however.
The point is the NHL expanded way too fast. This was the leagues decision to do this and they profited heavily from the fees. Bettman could have instead focused on the 24 teams the NHL had when he was hired, but no... he had to expand. The NHL has the ability to cover some of the mistakes they made, but they are refusing to do so. They want the players to pay for all of it.
I'm not a fan of Bettman by any means, but pinning expansion on him is just wrong.
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