Quote:
Originally Posted by Locke
And I wanted to address this again. People are constantly talking about the Cap going up with the players' escrow backlog getting paid up.
But I think that ignores other economic realities. These Gigantic TV deals are proving to be problematic in that they're not as lucrative as they used to be.
We're seeing Sports Reporters getting canned and axed by the bucket-load.
They're not sending TV and Radio broadcasters on the road anymore to shave costs, and the list goes on and on.
If people are banking on TV deals to generate revenue to bump the cap up I think they need to seriously re-evaluate that.
And thats not even taking into consideration the absolute goddamned boat-anchor that is Arizona.
With that arena deal nixed and their future uncertain, they're sucking hard at the profit-sharing pipe, does anyone think thats going to help generate and grow revenues so the cap can keep rising?
There seems to be this absolute faith that the cap is going to keep going up by leaps and bounds, but I dont think that faith is solidly founded.
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I think it's an interesting point, but I don't think broadcast rights are going down in value. The core content of sports, is still being consumed. The content is still in demand, what's changing is how and where people consume the content. That's what's forcing traditional providers to make some of these super impactful cuts right now (along with macro economic factors). But the demand for access to live NHL games (ie. what drives the price of content rights) is still there.