The league is not making a tidy profit. Any business that is paying 57% of their REVENUE to the employees and then has large operating expenses on top of that is going to struggle to make a profit.
More revenue sharing among the owners is necessary, some of that should come at the expense of the players since it is their jobs that are being saved in the smaller markets.
As a whole, they certainly did. It is just uneven, but the league always gets their cut, and obviously the large market teams make the extra bucks. Revenue sharing will help offset a decent chunk of the costs. $250 million would actually be close to turning a profit for all, as the lower tier teams, at most, only lose like $7 million, that is excluding the Coyotes, who are ownerless and decrepit and continue to be horribly mismanaged.
They just like to whine and moan with their incredibly slanted books, the same logic that tells us that the movie Star Wars never made a profit, etc... The bottom line is, as a whole, they are pretty much taking in more than they are shelling out, the NHL is just trying to cut the costs of their own shortsightedness, inept managerial failures, and plain bad investments by burdening the players with it, even after they got their dream cut last lockout.
Bettman needs to wake up and smell the roses. His salary has increased every single year. I believe he is making close to $10 million a year now... **** him. I have little feelings for either side, but the owners are acting like they are getting run over by buses, and it is not even close. The fact that negotiations are so far apart is a colossal failure on the parts of both parties, but as I see it, it is the owners that have a need to be more lenient, they also stand to lose the most...
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"It has not been a good day. I lost my glasses early this morning and I had to go buy a pair of 79 dollar reading glasses today. 79 bucks. You can literally get them at Costco, three-for-20." - Darryl Sutter's response to going up 2-0 in the series.
It's Philly, Toronto, Montreal etc. propping up the failed franchises.
Revenue sharing works in MLB and the NFL because everyone makes so much money from the TV contract. The NHL doesn't have that luxury.
As for the NBA, they have decided to go in a direction similar to the EPL, where there are 5-6 glamour franchises that are going to win 90% of the championships and all the other franchises play the role of the Washington Generals. I don't think anyone wants that in the NHL.
First and foremost, it just sucks that we won't have any NHL hockey for a portion, if not all of the season. A niche sport like the NHL can't afford to keep doing this.
Once hockey does return, I'm worried about what this may do to the progress hockey was making in regards to its finally increasing TV presence.
A real shame for the owners and players to own.
One thing that's clear to me though is Gary Bettman should lose his job, although I know he won't. He led the crusade to establish a lot of the markets that are losing money and he's led the NHL to three lockouts in his 18 years. He continuously takes raises while demanding everyone else takes cuts. He's not solely to blame, obviously, but he needs to go.
__________________ "I have been complimented many times and they always embarrass me; I always feel that they have not said enough." - Mark Twain.
One thing that's clear to me though is Gary Bettman should lose his job, although I know he won't. He led the crusade to establish a lot of the markets that are losing money and he's led the NHL to three lockouts in his 18 years. He continuously takes raises while demanding everyone else takes cuts. He's not solely to blame, obviously, but he needs to go.
Miniscule? NFL 11B, MLB 7B, NBA 3.8B, NHL 3.3B. MLB plays twice as many games (since they can), so in reality all 3 of the sports other than NFL are on pretty damn level footing (per game). Baseball also has VASTLY higher travel/scouting/player development costs.
NBA team: 12 players, no farm club, very limited equipment, small staff, minimal arena expenses
NHL team: 25 players, large farm system (several teams), boatloads of equipment, large staff, extensive arena expenses.
The cost difference to operate a basketball team vs a hockey team is quite large.
Quote:
Originally Posted by Holden Caulfield
But the real main point of my post was why we, as fans, do we need to take sides?
The NHL is easily my #1 source of entertainment. The internet makes being a year-round hockey fan sooo much easier than in the past.
When hockey is taken away from me I get ******! Is that surprising?! Whose fault is that hockey is gone right now, and who knows for how long?? 90% the players fault.
Also, when the baseball strike happened years ago, why were replacement players allowed to be used? Can the NHL do that? I'd absolutely still watch if they did. Hell, I mighte even try out to be the Kings next Westgarth (punching bag). I think i'd be pretty good at getting my ass kicked nightly.
The MLB used them but the it was quickly ruled illegal.
NBA team: 12 players, no farm club, very limited equipment, small staff, minimal arena expenses
NHL team: 25 players, large farm system (several teams), boatloads of equipment, large staff, extensive arena expenses.
The cost difference to operate a basketball team vs a hockey team is quite large.
The NHL is easily my #1 source of entertainment. The internet makes being a year-round hockey fan sooo much easier than in the past.
When hockey is taken away from me I get ******! Is that surprising?! Whose fault is that hockey is gone right now, and who knows for how long?? 90% the players fault.
Plus an enormous TV deal with at least 3 major outlets that basically carries all the struggling team.
I'm lost for words. How could they let this ****ing happen? 2 lockouts in less than a decade. They should all be ashamed of themselves. ****ing embarrassing! I'll have to hear Canadians say the word "lockout" on TV to boot. Argh.
Since we signed Penner to just a one-year deal, is he a FA after next year?
Last edited by Rafa Nadal: 09-16-2012 at 12:00 AM.
To me, that's a visceral reaction to a man who is simply doing his job.
3 x under his watch is a bit much to swallow. He's not doing his job that well for this to happen so many times. But gee, he has agreed to forego his salary now in a show of support...... Umm yeah. Should have done that sooner as well IMO.
They can't even lockout on the right day to get any media coverage.
USC just lost again to Stanford
Notre Dame is 3-0 after a road win over a Top 10 team
Alabama looks like the best team ever.
Harbaugh vs. Schwartz
Rest of NFL Week 2
Intense division and WC races in MLB
Like the sports media is going to give a crap about the lockout.
The NHL/NHLPA are holding pair of deuces on a K-K-A-A-3 board. Well played all parties!!
I'm lost for words. How could they let this ****ing happen? 2 lockouts in less than a decade. They should all be ashamed of themselves. ****ing embarrassing! I'll have to hear Canadians say the word "lockout" on TV to boot. Argh.
Since we signed Penner to just a one-year deal, is he a FA after next year?
That is TBD.
After 04-05, they decide to burn a year of all contracts, but they may decide against that this year. Who knows.
The lockout was the 3rd story on NBC tonight, unlike KTTV 11 which buried it in the sports and had a lame poll that featured "Who cares?" option, which seemed to amusing the sports dork. I honestly don't think this dude could tell the difference between a hockey puck and a tennis ball.
To me, that's a visceral reaction to a man who is simply doing his job.
Srsly? 3 lockouts under one commissioner is unprecedented incompetence. No other commissioner in sports history comes close in that regard.
And loljustlol at whoever said this is 90% on the players. I'd say 80-90% on the owners. For f's sake, they are still signing guys to giant contracts minutes before voting to lock out
The Kings are at the top of their game. We have a chance to repeat.
This ****ing sucks.
I don't think we will lose the entire season like last time. However, we are probably looking at a couple of months lost.
At least the kings are still young. Losing gagne and Penner gives the kids a better shot next season. Toffoli gets a year in the AHL without worrying about making the NHL, helps the kings know if he has a shot at the NHL in 2013. Voynov gets to play top line minutes.
It sucks that Muzzin and hickey can't play in the AHL. Maybe they will go to Europe.
