You basically nailed it on the head Fleury. There is no transparency with how much money teams make, and even if there was i am sure there would be quite a bit of accounting jiu-jitsu happening. There's a pretty famous Paul Beeston quote saying something to the effect of 'I can turn a 4 million dollar profit into a 2 million dollar loss and every accountant would sign off on it'. Why should the owners be able to reap the rewards when times are good but the players have to trim their salaries that they signed in good faith when times are bad? These owners are pure american capitalist and they know to privatize profits but socialize losses which is what they are desperately trying to do right now.
|