The Critic Posted February 13, 2004 Share Posted February 13, 2004 A report filed by a former head of the SEC - on hire from the owners - claims that 30 NHL teams combined to lose over 270 million dollars LAST SEASON. Wouldn't surprise me at all - the salary scale for the NHL is terribly skewed in comparison to its popularity and revenue generating ability. No NHL player in the post-Wayne Gretzky era should be paid 10 million dollars or more. Of course, the NHLPA said that the report is "fundamentally flawed". This is gonna get ugly....prepare yourself for no NHL next fall....of course, SlackHawks fans have had no NHL hockey for a while now. Quote Link to comment Share on other sites More sharing options...
NUKE_CLEVELAND Posted February 13, 2004 Share Posted February 13, 2004 A report filed by a former head of the SEC - on hire from the owners - claims that 30 NHL teams combined to lose over 270 million dollars LAST SEASON. Wouldn't surprise me at all - the salary scale for the NHL is terribly skewed in comparison to its popularity and revenue generating ability. No NHL player in the post-Wayne Gretzky era should be paid 10 million dollars or more. Of course, the NHLPA said that the report is "fundamentally flawed". This is gonna get ugly....prepare yourself for no NHL next fall....of course, SlackHawks fans have had no NHL hockey for a while now. The NHL is about to have the final nail driven into its coffin. So sad that my favorite sport will be the first pro organization to fall victim to money and greediness. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 13, 2004 Share Posted February 13, 2004 I will be interested to see the #'s for next year with the appreciation of the Canadian dollar of about 15%. Last years numbers don't surprise me at all. Quote Link to comment Share on other sites More sharing options...
MurcieOne Posted February 14, 2004 Share Posted February 14, 2004 Contraction and a Salary Cap. And nuke, lets not freak out the NHL isnt going anywhere. Quote Link to comment Share on other sites More sharing options...
NUKE_CLEVELAND Posted February 14, 2004 Share Posted February 14, 2004 Contraction and a Salary Cap. And nuke, lets not freak out the NHL isnt going anywhere. Both of those measures you mention are absolutely necessary IMO. Expansion has diluted the talent pool so bad its like watching 20 minor leauge teams and 10 pro teams out there. Salaries are out of control and the only way to rein them in is to make a cap. However, the NHLPA wont go for either of em and its because of that we wont have hockey next season. Quote Link to comment Share on other sites More sharing options...
soxfan420 Posted February 14, 2004 Share Posted February 14, 2004 Both of those measures you mention are absolutely necessary IMO. Expansion has diluted the talent pool so bad its like watching 20 minor leauge teams and 10 pro teams out there. Salaries are out of control and the only way to rein them in is to make a cap. However, the NHLPA wont go for either of em and its because of that we wont have hockey next season. does the NHLPA really have a choice if the league gets a salary cap??? if the players dont want to play with salary caps, get players that will. and then they players will miss there millions a year and come back. Quote Link to comment Share on other sites More sharing options...
NUKE_CLEVELAND Posted February 14, 2004 Share Posted February 14, 2004 A report filed by a former head of the SEC - on hire from the owners - claims that 30 NHL teams combined to lose over 270 million dollars LAST SEASON. Wouldn't surprise me at all - the salary scale for the NHL is terribly skewed in comparison to its popularity and revenue generating ability. No NHL player in the post-Wayne Gretzky era should be paid 10 million dollars or more. Of course, the NHLPA said that the report is "fundamentally flawed". This is gonna get ugly....prepare yourself for no NHL next fall....of course, SlackHawks fans have had no NHL hockey for a while now. Yawn... They probably are taking ticket revenue only and comparing it to costs. I heard they convienently leave off money from parking, TV, concessions and merchandise. If these guys were losing that much money they would not be in business. Especially a cheap prick like Dollar Bill. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 15, 2004 Share Posted February 15, 2004 Yawn... They probably are taking ticket revenue only and comparing it to costs. I heard they convienently leave off money from parking, TV, concessions and merchandise. If these guys were losing that much money they would not be in business. Especially a cheap prick like Dollar Bill. They are actually I read something Friday that said the Hawks actually did make a profit, where as this survey showed them with a loss. But because of the Hawks shares of concessions and parking, and their profits from being half owners of the UC, they made a tidy profit. (Forbes Magazine) But these are the kind of things that happen where I don't believe baseball at all when they cry broke. Same with JR. Quote Link to comment Share on other sites More sharing options...
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