View Single Post
Old 11-23-2017, 09:15 AM   #16
GullFoss
#1 Goaltender
 
GullFoss's Avatar
 
Join Date: Aug 2015
Exp:
Default

Quote:
Originally Posted by Erick Estrada View Post
The problem is that without rich owners there are no sports leagues or teams and CP doesn't even exist.
This really isnt true. The sport was created before the league. The players are the product, which the owners have little impact on developing. Cities pay for the arenas. The media companies package the product. The NHL and its owners do very, very little. They don't even take a lot of risk since the salary cup limits player salaries and the players would be locked out in the event revenues fell drastically.

The owners literally do almost nothing. All they do is generate economic rent by owning the right to the stanely cup and being entrenched in major markets
GullFoss is offline   Reply With Quote