Damien Cox; Sports Columnist --- You could have argued at one point that the new cap system was a big break for the richest teams, since instead of spending $80 million on players they could spend a lot less. But those teams are now contributing huge amounts to the league’s revenue sharing system and contributing funds to pay for the Phoenix Coyotes.
Maybe that’s why, so far, the Ontario Teachers’ Pension Plan hasn’t been able to get anyone to meet its asking price for its chunk of Maple Leaf Sports and Entertainment. Business may be good, but not $1.5 billion-for-controlling-interest good.
So with Phoenix a punchline and propped up only by the inexplicable antics of local politicians, Columbus hemorrhaging upwards of $25 million a season, Atlanta bathing in red ink, the Islanders about to try and get Nassau County taxpayers to pay $350 million for a new rink on a flimsy I.O.U., Nashville looking for new equity partners and any number of other clubs looking to sell, hockey fans better get ready for what’s coming.
Another lockout. Oh yeah.
Unthinkable? They’d never do that again? Think again. Hockey fans surely swallowed their pride and came back after the 2004-05 season was erased from the record books, quickly forgetting their promises to never support the league that had betrayed them.
Don’t think the NHL didn’t notice.
The league didn’t get its “idiot-proof” CBA; therefore, it must try again.
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Showing posts with label Redwing. Show all posts
Showing posts with label Redwing. Show all posts
Friday, May 13, 2011
Is a lockout looming in the future for the NHL???
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