Technically, yes. However, the NHLPA could end the lockout by reaching and agreement. Of course the owners don't want to lose a year but they've set their sights on ending a 57%-43% revenue split in favor of the players. The NHLPA offered a 53%-47% split but that doesn't satisfy the owners. In no other professional legaue do the players the players get as much.
I read somewhere (prolly a Deloitte or KPMG report) that Premier League is around 70%.
Obvioulsy, there are a lot of differences between NHL and european soccer.
No salary caps, relegation/promotion from lower tier leagues, competition between the top leagues and a huge pool of players.
I read somewhere (prolly a Deloitte or KPMG report) that Premier League is around 70%.
Obvioulsy, there are a lot of differences between NHL and european soccer.
No salary caps, relegation/promotion from lower tier leagues, competition between the top leagues and a huge pool of players.
I don't understand the hate players are getting for this. Yes they are paid a lot of money but don't forget that their careers are very short. The average NHL career is 5 years... Say you retire at 34 years old (a decent NHL career), you still have at least 40+ years to live your life with no income coming in. And most of these guys have a relatively expensive lifestyle to maintain (ie: big houses, higher property taxes, higher costs to maintain the house, etc...).
Yes yes, I already know the reaction I'll get. "Well these guys should just live more modest lifestyles! I get by just fine with my ****** apartment and my $15/h job!"...Please, be realistic. When you are paid this much, you adopt a lifestyle to match it. You want to give your family everything possible. That kind of lifestyle is expensive to maintain, and yes, maybe a hockey player will walk away at 34 years old having with, say, $15 million in the bank, but that also means they have to live the rest of their lives off this money...It's still a lot of cash, but it amounts to something like $375k a year for the rest of their lives.
Factor in taxes, factor in divorces, factor in wanting to leave money for their children, factor in trying to maintain a nice lifestyle for your family...It doesn't go as far as you'd think. And in my example, we're talking the top 15% of NHL players...The rest make much less money and walk away with much less, which is why so many role players look for other careers in broadcasting, scouting and coaching.
These guys only have a small window to maximize their earnings. Don't fault them for taking advantage.
So your basically saying that players should not get off their ***** and get real jobs once their careers are over? They should just try and live off the money they have in bank?
I don't understand the hate players are getting for this. Yes they are paid a lot of money but don't forget that their careers are very short. The average NHL career is 5 years... Say you retire at 34 years old (a decent NHL career), you still have at least 40+ years to live your life with no income coming in. And most of these guys have a relatively expensive lifestyle to maintain (ie: big houses, higher property taxes, higher costs to maintain the house, etc...).
Yes yes, I already know the reaction I'll get. "Well these guys should just live more modest lifestyles! I get by just fine with my ****** apartment and my $15/h job!"...Please, be realistic. When you are paid this much, you adopt a lifestyle to match it. You want to give your family everything possible. That kind of lifestyle is expensive to maintain, and yes, maybe a hockey player will walk away at 34 years old having with, say, $15 million in the bank, but that also means they have to live the rest of their lives off this money...It's still a lot of cash, but it amounts to something like $375k a year for the rest of their lives.
Factor in taxes, factor in divorces, factor in wanting to leave money for their children, factor in trying to maintain a nice lifestyle for your family...It doesn't go as far as you'd think. And in my example, we're talking the top 15% of NHL players...The rest make much less money and walk away with much less, which is why so many role players look for other careers in broadcasting, scouting and coaching.
These guys only have a small window to maximize their earnings. Don't fault them for taking advantage.
No offense, waffledave, but don't you work in accounting or money management of some kind? While you're correct in factoring in taxes and all other expenses, you seem to (wilfully?) neglect mentioning investments. We don't even need to be talking $15m in the bank here (which you probably accurately guess is the higher end NHL players who have that much in the bank) ... let's talk $3m. That's an amount that the average NHLer can store away in the bank. And that amount would be sufficient to pull out $135k a year without touching the $3m itself through investments (assuming an average dividend yield of 4.5%). $135k a year as a base salary when the NHLer could become a high school junior coach, college coach, or any other simple job with an average salary is pretty decent. After all, if the player in question wishes to make more, he's got enough base salary per year to support his family well, and go to university.
It seems to me that if the owners structured an offer in such a way that players would not have to give money back off their current contracts, that it would have a good chance. A salary freeze until revenue increases to the point where players receive 50%. With that deal on the table, I bet self-interest would trump the long term battle, from the players' POV. The owners are playing the long game anyway, they'd get to their target soon enough.
Looks like Paul Kelly has a similar outlook:
Kelly offered up his idea of a proposal. He thinks it should be a long term deal, 8-10 years in length. Salaries should hold where they are in year 1(players would receive $1.87 billion which Kelly estimates would be around 55% of revenues). The players percentage of revenues would then slide down a point every two years until it reaches 50% and would hold there. http://wgr550.com/pages/14289637.php...entId=11466297
What a bunch of morons, I hope the NHL loses many, many fans.
Just examining the lockout situation, what strike me as almost laughable is the fact that under Gary Bettman's New NHL, (HARDY HAR HAR), Canadian based teams help keep the financially unstable teams afloat with the Revenue Sharing, then the Best of the free agents sign players South of the border, helping Them win Stanley Cups every year, with players Canadian Junior league developed..Almost like being a farmer, growing lots of crops, them someone telling you to give them up for the Poor. No wonder we're starving for a Cup in Canada..:
Quote:
Originally Posted by persh
As long as Montreal does not have a 1st tier team, they can all stay lockedout.
Amen ., and keep the high draft picks coming in June. Rebuild this mess others left us in.
Quote:
Originally Posted by ThaDevilGirl
How are you holding up?
Voice your displeasure of Bettman and the NHL AT ..No Hockey Lockout.com
Last edited by Habsfan18: 09-20-2012 at 12:20 PM.
Reason: merge
1- IF the season is totally lost, can Molson ask the Bulldogs to play more of their AHL games in Montreal ? Would they be considered as "scabs" ?
2- IF the season is cancelled, does it mean the guys we signed for ONE season will be UFA again next July ?
3- IF the season is cancelled, does it mean the contracts of players have one LESS year of validity, or is the contract length is not affected at all ?
1- IF the season is totally lost, can Molson ask the Bulldogs to play more of their AHL games in Montreal ? Would they be considered as "scabs" ?
2- IF the season is cancelled, does it mean the guys we signed for ONE season will be UFA again next July ?
3- IF the season is cancelled, does it mean the contracts of players have one LESS year of validity, or is the contract length is not affected at all ?
I'm not 100% sure but this is my understanding:
1)They could but they'd probably have to compensate the owner of the Copps Coliseum and the season ticket holders in hamilton. Bulldogs are an affiliate of the habs, they do not own them.
Lock-out takes away a year off every contract. All players on one year contracts or the final year of a multi-year deal will become RFA/UFA. It sucks, they have to find a new contract and on top of that, did not get paid the previous year.
__________________
"CS is one of my favorite people on this entire site." - ColePens
Lock-out takes away a year off every contract. All players on one year contracts or the final year of a multi-year deal will become RFA/UFA. It sucks, they have to find a new contract and on top of that, did not get paid the previous year.
So Shea Weber is losing 14 million, and Parise and Sutter, 12 million each... OUCH !
On the other hand, we would have one LESS year of Gomez ...
So Shea Weber is losing 14 million, and Parise and Sutter, 12 million each... OUCH !
On the other hand, we would have one LESS year of Gomez ...
Except Weber (and maybe Parise I'm not sure) I believe got a 13 million signing bonus that is payed regardless and would not be affected by CBA salary rollbacks. So I'm sure he's not scavenging for food or anything just yet.
) guy? 
