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The Business of Hockey Discuss the financial and business aspects of the NHL. Topics may include the CBA, work stoppages, broadcast contracts, franchise sales, NHL revenues, relocation and expansion.

NHL will not participate in 2018 Pyeongchang Olympic Games

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Old
06-01-2017, 08:55 PM
  #576
Killion
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Can't open your link, K....
Try it now MNN... thanks to Fugu, operational.

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06-01-2017, 09:03 PM
  #577
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That story from Congress....Makes me sick.

Samaranch sounds like Bettman. Always has to turn it to his own control. Even though he knows they have him, he takes the question where he wants it.

Men like that make me sick. Just sick.

Unfortunately, there are too many of them in the world.

And, many are in sports, sadly.

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06-01-2017, 09:13 PM
  #578
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Originally Posted by MNNumbers View Post
That story from Congress....Makes me sick.
Yes indeed. And thats just the tip of the Iceberg.

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06-02-2017, 06:48 AM
  #579
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As I recall, Montreal in 76 was a financial debacle. It seemed at the time, from a few reports, that it was well understood that no city could ever make money on the Games. Then, along came Ueberroth and LA in 84, where they used many already existing facilities, and LA did ok. That jump started the whole process. Had LA not bid to host in 84, the entire thing would have a completely different feel today. So, yeah, Samaranch was in power when it turned around, but he really was not responsible. He was fortunate to be at the right place and time.

Following LA 84, when the US won so many medals (no Soviet bloc countries), the media rights exploded (I have no figures. I only know that US had by far the biggest media audience at the time), and that is what led to the colossus we have today.

Now, again, the elephant is collapsing under its own weight (how's that for a mixed metaphor). And, again, LA is looking for a way to come to the rescue.

In any case, K, you are exactly right. Because the Games have garnered so much attention for themselves, the men who run it have taken the attitude (although they can't see themselves in this) that the cities need them more than they need the cities. And, that's what leads to all the opulence, which is sickening.
That is the key. Cities need to stop bidding if they are going to have spends tons of money building facilities that will be useless after the games.

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06-02-2017, 09:41 AM
  #580
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That is the key. Cities need to stop bidding if they are going to have spends tons of money building facilities that will be useless after the games.
I get the impression that essentially the cities that have facilities/etc are no longer interested & it's only the cities that don't that seriously bid; also the IOC can't get as much graft without all the "needed" building

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06-02-2017, 09:49 AM
  #581
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I get the impression that essentially the cities that have facilities/etc are no longer interested & it's only the cities that don't that seriously bid; also the IOC can't get as much graft without all the "needed" building
You are right, and the reason is that the cities who have facilities already are largely in nations democratically elected government. Such nations no longer wish to include in the bid the kind of opulence to which the leaders (cough cough) of the IOC think they are entitled.

Thus, since the matter is a 'bid', the higher bids come from places with dictatorship governments of various kinds, who can choose to spend any amount they wish to, and grant IOC special treatment besides. See Sochi, Russia as an example.

Amazingly, IOC is actually considering LA and Paris for 24 and 28. And, perhaps the reason is that there are no choices any more.

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06-02-2017, 10:29 AM
  #582
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Exactly how I feel. The Olympics started off as something that was a bit more innocent...
Not really... Even when it first started it was an arrogant club for European aristocrats. The "amateur" rule that people here STILL like to nostalgically invoke was a crude classist tool to keep working people out of the competition. That rule survived post-war until the 1990s because the communist bloc could use it to keep a lot of elite western athletes out, which along with their widespread cheating/doping inflated their medal totals for propaganda purposes of promoting the virtues of their gulag nations.

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06-02-2017, 10:33 AM
  #583
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Everyone is giving the NHL a hard time with not going to the Olympics .

The World Cup is a joke. The World Cup is a joke because of the Olympics

if you stop going to the Olympics the World Cup will be really important and the NHL / NHLPA make all the money. which will make all the Franchises much stronger.

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06-02-2017, 12:34 PM
  #584
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Originally Posted by Burke the Legend View Post
Not really... Even when it first started it was an arrogant club for European aristocrats. The "amateur" rule that people here STILL like to nostalgically invoke was a crude classist tool to keep working people out of the competition. That rule survived post-war until the 1990s because the communist bloc could use it to keep a lot of elite western athletes out, which along with their widespread cheating/doping inflated their medal totals for propaganda purposes of promoting the virtues of their gulag nations.
Yes, there is that as well.

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06-02-2017, 12:40 PM
  #585
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Originally Posted by Burke the Legend View Post
Not really... Even when it first started it was an arrogant club for European aristocrats. The "amateur" rule that people here STILL like to nostalgically invoke was a crude classist tool to keep working people out of the competition. That rule survived post-war until the 1990s because the communist bloc could use it to keep a lot of elite western athletes out, which along with their widespread cheating/doping inflated their medal totals for propaganda purposes of promoting the virtues of their gulag nations.
Yes unfortunately all true, and your being "polite" about it to say the least though it sounds like your quite familiar with the situation thats existed sine the Olympic Games modern inception. That the motives of the founder, French peer Baron Pierre de Courbetin organizing the 1st Olympiad in Athens in 1896 were at best dubious having more to do with the French being walloped during the Franco-Prussian War. He sat as President until his death in 1942 overseeing the games through a considerable amount of global upheavel, industrialization, WW1 (& WW2 which was really just a continuation of WW1), Russian Revolution & Communism, rise of the National Socialist Party in Germany & so on. Revisionist historians in writing his history & the history of the Olympic Games glossing over a considerable volume unflattering facts. Polishing the Turd to the brightness of a Faberge Egg. The Barons' near religious Deification. Nobel Peace Prize Winner. Huzzah!... Of course, upon closer inspection, the release of long buried & hopefully lost forever papers, letters & documents in private & some public archives unearthed, an entirely different picture emerges of The Baron de Courbetin. And it aint pretty. An insidious, odious web of influence peddling & corruption of the worst imaginable kind, turning a blind eye to rampant human abuse, genocide, anti-semitism, you name it.... here but a sampling from a 1999 NY Times article when the IOC was embroiled in a mess of its own making when US Legislators & others were investigating their operations, corruption pursuant to the Salt Lake City Games & so on...... http://www.nytimes.com/1999/02/21/sp...936-games.html


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06-11-2017, 04:09 PM
  #586
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Friedman with some Olympic news
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Did anyone notice the International Olympic Committee reportedly offered Los Angeles a higher slice of the profits if it agreed to host the 2028 Summer Olympics, ceding 2024 to Paris? I’m betting the NHL and its owners did. The whole thing is just so frustrating.
And the IOC wasn't interested in working with the NHL/NHLPA? It will be interesting to see how the 2018 Winter Olympics work without NHL players. Could be that the IOC changes its tune about 2022.

(My guess is that the players will demand Olympic participation in future CBAs.)

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06-12-2017, 08:50 AM
  #587
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http://www.sportsnet.ca/hockey/nhl/3...pansion-draft/

Friedman with some Olympic news


And the IOC wasn't interested in working with the NHL/NHLPA? It will be interesting to see how the 2018 Winter Olympics work without NHL players. Could be that the IOC changes its tune about 2022.

(My guess is that the players will demand Olympic participation in future CBAs.)
The way I see it is that too, the players never thought to make it part of the CBA, but it will be from here on out.

I actually didnt know the cities got direct money from the Olympics, I wonder how it works? A direct cut of every ticket sold?

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06-12-2017, 09:51 AM
  #588
Burke the Legend
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I believe most of the revenues run through the IOC treasury via sponsorship and TV deals. The local organizing committee that is responsible for building and staffing everything might have some revenues (Mascot imagery or some other junk) but not enough to cover that, so the IOC kicks them a slice of that TV/top sponsor pie to cover the gap. This piece sent down apparently is subject to negotiation, and I guess the IOC doesn't have the leverage they used to as bidders get scarcer.

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06-12-2017, 09:56 AM
  #589
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Originally Posted by LadyStanley View Post

And the IOC wasn't interested in working with the NHL/NHLPA? It will be interesting to see how the 2018 Winter Olympics work without NHL players. Could be that the IOC changes its tune about 2022.

(My guess is that the players will demand Olympic participation in future CBAs.)
I wonder how deep the player support for the Olympics truly is. The players all say they love it but how much do the 3/4 of the league players that don't go to the tournament really care about it? i'm guessing not that much, not enough to cause a labour stoppage, or make a concession that will cost them money.

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06-12-2017, 11:54 AM
  #590
mouser
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Originally Posted by cutchemist42 View Post
The way I see it is that too, the players never thought to make it part of the CBA, but it will be from here on out.

I actually didnt know the cities got direct money from the Olympics, I wonder how it works? A direct cut of every ticket sold?
I highly doubt it was an oversight and left out of the CBA, especially since the Olympics were explicitly included in the prior CBA. The more likely story is that the owners objected to including it in the latest CBA and the PA thought it would get sorted out later with the owners eventually consenting to participate.

After all, that's what happened with the 2014 Sochi Olympics.

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