Then don’t play it like a game, Gary

Bettman today: "Collective bargaining, unless you've done it, isn't something that you can cover like a game." #ouch
@SWhyno
Stephen Whyno
 

  2 comments for “Then don’t play it like a game, Gary

  1. BringBackTheShieldJersey
    October 24, 2012 at 8:59 PM

    I think watching Katz’s machinations and seeing what he wants to get from an arena deal is instructive of what the owners are all about. The city/taxpayers should build the arena, pay Katz to run it, and he gets to keep the gate receipts for 11 ot of 12 months a year. Holy Shit! People talk about the owners taking risks by investing in a team, and call them smart/succesful businessmen. It looks to me that the adjective “greedy” fits better on that shoe. And though the issues in the CBA are different, the owners seem to have the same mentality: give us more or we will withold our product (or move to Seattle). They’re not buying a team for the hockey, the community, the tradition which are big parts of a “team”. Instead, their purchase of a team is to make money off of secondary and tertiary revenue streams. They know (for the most part) that fan-generated income is insufficient to make a profit. They’re willing to lose money there, but aim to score big through arena deals, TV contracts, parking lots, local real estate development deals, etc. Then they complain that the team is losing money (which, again, they knew and expected when they bought the team) and use that as an excuse to re-define Hockey Related Revenue such that those ancillary revenue streams (the ones that are the most profitable) are all theirs. Can you blame them for wanting to make as much money as possible? Yes. Profiting is fine, but the problem is maximizing profit. And right now, the owners’ priorities are out of whack.

  2. m_and_m
    October 26, 2012 at 2:49 PM

    Bring back the reserve clause.

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