Quote:
Originally posted by daredevil@Sep 20 2004, 06:20 PM
What I cannot understand is this:
How is is that the players (as a group) each get to make 1.8 million avg. per year when the owners as a group make only 2 million TOTAL?
And this is his idea of a model franchaise...?
You would think that the owner of each team should be able to make as much as the players of that team as a collective group. A 50/50 share so to speak.
Since when do the individuals of an organization get to make as much as the president of the company, or the owner?
It's just assinine.
Do these players have any idea how the world really works outside their little happy bubbles?
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You actually think that the majority of businesses out there have a 50/50 split with the owners making as much as the payroll of the business? There is a huge difference between the risk based investment of owning any entity (ie NHL teams) and the idea of marketing your labour for monetary gain (ie players). Risk based investment means that sometimes (read any other time in the history of hockey except for the past 6-8 years) the owners have made out like bandits, accumulating profits well in excess of 50/50, try 90/10 for the owners, but that there are times when your business will not be profitable. You do not have an inherent right to a profitable business, fold the business at the point that it is not profitable, if the workforce finds it more appealing to lose jobs as opposed to taking a 33% paycut, so be it. The owners want to have cost certainty so that all teams make out like bandits, with teams like Calgary and Edmonton making out less so. Furthermore, if the utopian goal of a salary cap is ever realized, it is going to be closer to 40-45 million, the owners are going to have to give a little anways, so without revenue sharing it is going to be difficult for any small market team to benefit immensely from a cap anyways. All it will mean is that there will be a difference of 5-10 million in terms of salary between teams instead of 10-20 million.
But I agree, it is a shame that the NHL is the only business where workers earn as much as the owner, it should be much more common place.