Quote:
Originally Posted by Notorious Honey Badger
This is akin to someone getting a paycut at work and losing 10k a year in salary but saving a couple thousand on taxes and being thrilled.
|
It only looks that way if you've decided to not actually look at what is happening.
The vast majority of the Coyotes losses are being carried by the CoG, not the NHL. The spillover is minimal and is spread thinly across 29 teams. At the same time the Coyotes act as a loss leader pulling down the cap and the floor, thereby reducing mandated expenses for floor teams and locking cap teams to a lower number, which in turn is going to pull salaries back across the board.