Quote:
Originally Posted by Jay Random
No, they could not.
And when the cap goes up to $100 million, they'll have to spend that money anyway. You can't project future cashflow on the assumption that it is going to be 2022 forever.
The last time the Flames could not afford to ice a competitive team, season ticket sales collapsed.
That is absolutely wrong. Small markets are marginal at best, and several NHL markets are perennial money-losers.
As I've pointed out based on Forbes' data, the top three teams in the NHL (Toronto, Montreal, Rangers) earn more than half the total profits. The top third of teams earn 100% of the profits. Any earnings from the teams in the middle of the pack are cancelled out by the losses of those at the bottom. Owning an NHL team is not a licence to print money.
And that's with most of the teams in arenas they did not pay to build themselves.
And the NHLPA would go along with this why? It took two catastrophic lockouts to get them to agree to the deal they have now.
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The only point you are making here is that the NHL is entirely dysfunctional.
That is not a good reason for taxpayers to give the the NHL and its players a gift of hundreds of millions of dollars.