Sunday, September 16, 2012

SLAP SHOTS

NHL players and their fans were given the deep freeze as the owners proceeded with the lockout at midnight. Training camp is scheduled to begin next week but no formal negotiations have been scheduled. The regular season is to start on October 11. The main issue is $3.3 billion revenue and how to split it. The players allowed a salary cap and a 24% cut in existing contracts in the last CBA when owners agreed to 57% hockey related revenue for the players. The owners want to get that down to 47-49% this time. My question is, how can you split any revenue if your business is not running? Can the league and its owners afford to lose revenue and fans again? You can't split a pie if no one is baking. This is the 2nd lockout in 8 years. That, to me, sounds like a recipe for disaster for the NHL and their fans. What the puck?

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