the north american economy is deteriorating at a pace not seen since the 30s and North American consumers and businesses are in more debt than ever before (considerably more than the depression as a % of GDP); league revenue could easily fall 20% next year...IMO
...and as I said in another thread - take a hard look at the Canadian dollar. Looks to be heading back the other way. That'll mean league revenues take yet another hit as the Canadian teams bring in far more than their share of revenues.
I don't see how it's all that surprising. Not really all that different than our situation with Moore. Except that Moore hasn't come down to earth. Perhaps this signing will give him an idea where his value should be at. But it was still good that Gillis did his due dilligence on the process, by exploring a trade.