Exploring Hockey Related Revenue

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April 26, 2012; Sunrise, FL, USA; Florida Panthers defenseman Erik Gudbranson (44) and Ed Jovanovski (55) brawl with New Jersey Devils defenseman Bryce Salvador (24) and others in the first period of game seven of the 2012 Eastern Conference quarterfinals at BankAtlantic Center. Mandatory Credit: Brad Barr-US PRESSWIRE

The National Hockey League and National Hockey League Players Association have been doing battle over Hockey Related Revenue for months due to the owners wanting to limit what the players get.  In the meantime, the players want more.

I have worked in businesses for years, and have yet to see businesses give employees over 50% of profits and revenue they bring in.  These monies are for re-investing in the business, and to have cash on hand for day to day operating expenses.  In the NHL, they bring in alot of revenue, and have decided to share what is brought in every season.

This is not an entitlement.  The owners of all 30 teams have decided to share the monies and profits made during the season for the league.  I am not sure if any one has taken notice… but, there are many teams across the NHL that are continuously in the red and not making money season after season.

When players speak of these monies they act like it is entitled to them.  It absolutely is not an entitlement, and should not even be considered part of at major obstacle towards the finalization of a new Collective Bargaining Agreement.

The latest is a 50-50 split between the NHL and players, which I believe is not right, as the owners deserve to be able to make a profit.  You cannot tell me any fan would want to own a business without making a profit, and being able to invest in their business to make it better for many years to come.

I strongly believe until players get it out of their heads this is business, and not their personal right, we are in for a much longer lockout then was originally thought.  If I were an owner right now… I would not want to cross paths with them.

 

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  • Angry NHL fan

    If your business is not making a profit, you don’t add more departments (teams), you don’t sign huge contracts (then try not to pay them in full). The owners created their own mess w/ shady business deals, they worked around the previous CBA and they’ll do it again and again and the NHL clearly cannot stop them (or does not want to).

    So why should the players pay for the owners mistakes? They still have to show up to work day in and day out. I don’t agree the players should get 57%, I think 50/50 is a great deal for both (and yes, the players who bring in the money ARE entitled to those monies, its part of the contract).

    The owners had a chance to “fix” things in ’04, instead they went the greed route and here we are again, w/ the owners doing the same exact thing.

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