wienerdog wrote:To create a competitive League that has parity and that produces good hockey for us to watch, the best one could hope for is a pool of 30 owners that all want to spend to their best capacity to be ultra-competitive with one another.
That bolded part is the key. If the costs of running any given franchise are outstripping it's ability to turn a profit, that particular owner will quickly lose interest in spending money to remain competitive; he will start to cut costs - just like any business that's in the red in any industry would. In the NHL, the first place that such cuts will happen are in player salaries.
And that's where League-wide competition slides, parity falters, and certain teams are eventually left to languish in permanent mediocrity, never getting a leg up to increase their competitiveness and thereby increase franchise value.
Enter the concept of revenue sharing to try and prevent this from happening.
The problem is that for-profit enterprises (like major pro sports teams) hate the concept of revenue sharing. It goes against every principle of capitalist ideals. It only makes business sense if it can strengthen your bottom line.
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Fred wrote:How much or how many millions has the NHL forked out to run and support the Coyotes ? According to CapGeek they run a player payroll of $45 million annually that's with out travel arena rent et al. Which is the other franchise that is likely to be taken over by the league.
If we're honest there's likely about 10 teams that make an acceptable return from what I've read. Although I doubt if we'll see contraction its the only real solution I suppose
Love the game, hate the league!
That should be the fans motto through this whole dispute.
At least my league starts on Saturday. I pay almost $800 in order to play the game I love.
ukcanuck wrote:800 bucks holy crap, is that the going rate for beer league these day? Where do you skate pacific coloseum?
Aaronp18 wrote:ukcanuck wrote:800 bucks holy crap, is that the going rate for beer league these day? Where do you skate pacific coloseum?
$12,240 per team.
Pretty standard these days for roughly a 40 game season playoffs included.
Icetime in the lower mainland is a rarer commodity than drinking water in Mexico City.
Vpete wrote:What's the going rate for an hour of ice Aaron?
This Coyote thing is FAR from over. For one thing, Jamison is not a viable "owner". He doesn't have the capital. He's basically a broker looking to get others to invest in that mess. Look how long its been since he's been trying to "raise the cash". Even if he gets the deal done, they say it takes roughly $40 million to have a team function due to massive overhead costs. Where's that dough going to come from? Buying the team is just the start of the money drain.