Quote:
Originally Posted by Enoch Root
As I stated in the post you quoted, it is a sunk cost which they would already have accounted for.
More importantly though, the owners are looking to improve the entire deal, which is worth a hell of a lot more money than those bonuses. Last lockout, they moved from what was it, 57% of HRR for the players to 50%? That was worth about $200M PER YEAR to the owners.
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Yeah, but this lockout the sunk cost is going to be exponentially higher than in the past. You look at guys like McDavid, Tavares, Price, Doughty, Kucherov, Stamkos, etc. Most of the new big contracts are getting paid mostly in signing bonuses.
Between just the last 15ish big contracts signed, NHL owners will be on the hook for $100 million dollars whether the games are played or not. That's not taking into account all the other bonus laden contracts either.
And while the owners are always looking to improve the entire deal, they are working with diminishing returns. The owners always have the upper hand, but eventually they will hit a point where it no longer makes sense to attempt to squeeze the players for more.
They are by all accounts happy with the current deal, so its likely we are pretty close to being there already.