Feb. 17, 2012: Sunrise, FL, USA; Florida Panthers goalie Jose Theodore (60) during the third period against the Washington Capitals at the BankAtlantic Center. Mandatory Credit: Steve Mitchell-US PRESSWIRE

NHL, Inc. - Part One

I am going to be writing a series of articles for my NHL, Inc. series.  This one will explain the NHL, and what they really are.  Who the “players” are, and what it means.

Gary Bettman is Commissioner of the National Hockey League (NHL).  He is the equivalent to a big corporations’ Chief Executive Officer.  He has stakeholders to answer to.  In this case, the stakeholders are the 30 Governors from the thirty teams that comprise the NHL.  The Governors are usually the owners of the teams.  The teams also appoint two Alternate Governors.

The members comprise the Board of Governors who have some core responsibilities:

1. Review and Approve changes to the game.

2. Hiring and Firing of the Commissioner. – This means, as much as fans may hate him, the Owners love him, and how he has been handling his job.

3. Review and Approve purchase, sale, and relocation of of any member team.

4. Review and Approve the salary caps for member clubs.

5. Review and Approve any changes to the game structure.

The Board of Governors meets two times per year at locations decided upon by the Commissioner in June and December.

There have been four lockouts since 1992…  10 days in that year.  In 1994, an 84 game season was reduced to 48.  An entire season, 2004-05, was lost 8 years ago.  This year… we have a lockout that has gone on for 20 days.  So far, there is no resolution in sight for a new Collective Bargaining Agreement to be signed.

I will be exploring more in Part Two, and bringing it all together in Part Three.

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