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I read somewhere that they project a 7% increase in revenue that would conter the player loss in the cba. This is all confusing.
Bachelors III . . . In the Inn. . . Lanas Garage 4/18/75 . . . lpswitch with Snake, Hards and Mendy . . .B.D.W.B. . . Ambition: I want Dooleys Job . . . Saturday Night Live . . . Bathroom Brawls . . . Living at Snakes . . . WHERE IS MUSKY. - John Tortorella
It's called business! Again (in the NHL case) teams are losing money and any successful businessman is not going to lose money. There is a lockout because over half the league is losing money and the owners want more HHR to at minimum break even.
What's a great deal of money? The average American makes $2,000,000 over their lifetime. The average NHL player earns $4.3 million a year, well over double what the average American makes in a lifetime. Lets also remember that players receive 8% (escrow) of the previous year's salary. Even for a player making $500,000 a season they will be a check for $40,000 during the lockout.
Why should big markets share revenue? Is it their fault that other teams lack the ability to generate revenue? I bet you that big market teams also pay more in advertising and marketing then these small market teams do. Does that mean that these small market teams should share the big market teams advertising and marketing cost?
Epic Thread that Provided Many LOLs
Since Then: 1 - 3
Vikings 10 at Bears 32
Seahawks 23 at Bears 17
Bears 14 at Vikings 21
Packers 21 at Bears 13
85BearsDefense: "I see 5 wins" and "Bears will go no worse than 11-5 and I was tempted to say 12-4"
jpro611: "Can't wait until the Bears are 10-3 before the Pack game"
Pinestripe_power: "no chance the bears lose more than two of them. no chance"
Epic Thread that Provided Many LOLs
Since Then: 1 - 3
Vikings 10 at Bears 32
Seahawks 23 at Bears 17
Bears 14 at Vikings 21
Packers 21 at Bears 13
85BearsDefense: "I see 5 wins" and "Bears will go no worse than 11-5 and I was tempted to say 12-4"
jpro611: "Can't wait until the Bears are 10-3 before the Pack game"
Pinestripe_power: "no chance the bears lose more than two of them. no chance"
I had this discussion with a friend on Facebook actually. He was talking about how the third and fourth line players who barely make the NHL their whole career are hurting so badly. He was of course 100% wrong.
The minimum salary is $525,000 in the NHL. Entry level deals are generally 3-4 years. That means if you make it enough in the NHL to get a contract, you're guaranteed $2M in salary over 4 years.
As you said, that is as much as many families make in a lifetime.
The average household income is roughly $50k a year. That means even the worst player in the whole NHL makes as much in 3-4 years as the average person does in 30-40 years.
Since the hockey players earn it all up front, they can play a 4th line wing role for 3 years, invest properly, and retire. They'd live right at the average American level for the rest of their life and never have to lift a finger. That's the dream life.
Realistically they can go become a talk sports radio person and make $50k-$60k a year after they retire, or go do a job that makes use of their athletic abilities like a landscaper or construction worker.
Epic Thread that Provided Many LOLs
Since Then: 1 - 3
Vikings 10 at Bears 32
Seahawks 23 at Bears 17
Bears 14 at Vikings 21
Packers 21 at Bears 13
85BearsDefense: "I see 5 wins" and "Bears will go no worse than 11-5 and I was tempted to say 12-4"
jpro611: "Can't wait until the Bears are 10-3 before the Pack game"
Pinestripe_power: "no chance the bears lose more than two of them. no chance"
@FriedgeHNIC: Bettman: we're "going to get a deal done." Was an interesting, respectful exchange.
You better not be bull****ing us Bettman!
Vote for Pedro!
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It's important to note that this proposal does include a first-year rollback of 12.3 percent.
Under the impression that the first check was already lost, this proposal actually leaves the players better off than they were one day earlier, in theory.
So the players now have until Oct. 25 to reach an agreement, in which case the decision will likely be to accept a first-year rollback, or lose even more money from the lockout with a rollback still on the table for the future.
So here’s the killer from the PA’s perspective: Player "make whole" payments will be accrued and paid for by the League, and will be chargeable against Players’ Share amounts in future years as Preliminary Benefits.
Which would mean a chunk of money taken out of the players’ share, even as the cap rose each year along with revenues.
In other words: More escrow in Year 3 and beyond in their offer.
This is horribly complicated stuff to attach a dollar figure to, especially because we don’t know what teams will spend on players.
Last edited by kevin13697; 10-18-2012 at 10:10 PM.
NHLPA offered an immediate 50-50 split, but only if owners honored all current previously signed contracts 100 percent. That means no escrow,no rollback.
Owners refused.
Daly claims owners would be paying the players approximately $650 million outside the players share.
Last edited by kevin13697; 10-18-2012 at 10:08 PM.
I think a deal will be made to get an 82 game season going. Every game missed it millions of dollars, I don't think the owners are too kean on missing any games. Getting the season started for an 82 game season is crucial if you asked me. I believe this was the plan from the beginning anyway, hold out until next week and still get the full season played hoping that the union would break by now.
They'd be paying the players the money they were owed on their contracts that were signed by the owners, contracts that were offered to players by the owners. I do think the players get too much of a share of the revenues when you consider how much the teams pay for every thing else, however I don't think the owners should be allowed to sign players to contracts only to have them rolled back. The contracts that bother me the most were the ones that were signed this summer, the ink is still wet on them and now the league wants them to take a cut on them? Honor the contracts and work it to 50/50 and a deal gets done.
No kevin, it is just truthful. Let all of 'em sit out for a long time. Pretty sad when millionaires and billionaires are graveling that they don't make enough money. Go out and get a real job and you will learn to appreciate that the 3 million salary real quick. Don't feel sorry for these morons one bit!
PSD's Rich Cimini! Telling it like it is, whether you like it or not!!!
There is no doubt these players & owners are blessed to be making millions of dollars a year. I don't feel bad for any of them either but you need to consider the outcomes of such high-profile negotiations such as this, can set significant precedents and significantly influence the direction of subsequent negotiations in other leagues and industries.
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