Quote:
Originally Posted by GullFoss
How much lower would wages in NHL be if teams had to pay for their own arena? $1b arena over 40 years...$25m a year. Assuming 60% to labour, cap would be 20% lower give or take.
How much lower would it be if corporations couldn't write off the events as marketing/entertaining ? 50%+ probably...
There's a reason entertainers get paid so well...we subsidize them.
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A lot of that arena would be financed by debt which changes things.
I’m not sure I follow your logic on the corporate tickets. Corporations expense all kinds of things all the time, marketing expenses? Are we subsidizing Staples by allowing a company to claim a printer as a business expense?
In any case if either of your two examples were different ticket prices would be higher. Which I’m sure you would complain about as well.