Quote:
Originally Posted by Strange Brew
The hedging discussion is kind of missing the point. Unless the Canadian dollar improves, Canadian teams are going to suffer financially. No practical hedging program fixes this problem.
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While that's true,
you're actually missing the point.
Because the only reason hedging was brought up was due to a discussion about whether or not the Flames could have retained salary.
And they could have (because
this year's salary expense would have been sufficiently hedged).
But yes, a continued weak dollar will impact Canadian teams negatively. Obviously.