Quote:
Originally Posted by heep223
The Flames hedge part of their USD exposure (ie player expense) but not all.
There's a reason that the last time the cross was at this level the viability of small mkt Cdn franchises was in question.
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If they only hedge part of their exposure (which isn't surprising), it is not because they are lazy or stupid or they can't , it is simply because the amount they have done is all that they have deemed necessary/worthwhile to do.
As for Canadian teams not being competitive at these levels, that is more a function of the following year (when you can only hedge at the new rate), it isn't a function of the limitations of hedging this year.
Edit: And it was more of an issue when there wasn't a cap.