With 23 days left to the expiration of the current Collective Bargaining Agreement (CBA) this is what I found out, and it definitely looks like we’re losing another season.
During the 90 minute session in Toronto it was learned that the National Hockey League (NHL) is doing very well. However, owners are saying they are paying too much in salaries. Really??? Why are you allowing the contracts of Parise, Suter, Quick, and others to be finalized by your General Managers? Are teams that desperate to win the Stanley Cup that you are allowing this to happen?
There is no movement in what each side wants, and the NHL wants to change the core economics of how the league operates financially. Commissioner Gary Bettman says they need to lower costs to operate the NHL, and pay less in salaries as they are paying too much.
Teams that are struggling now, or that would be in a few years are seeing league wide revenues outpace the revenue seen in their local markets. Seven teams finished the past season under the current CBA’s salary cap of $54.2 million.
My take is the league is a mess, and this time around they must take whatever time is necessary to ensure this never happens again. If the league, owners, players, and fans have been involved in a league that’s core economics are in turmoil… NOW IS THE TIME TO FIX IT.
Regardless of the season being lost, we must support all parties involved as it is now coming to light that the core of how they operate must be fixed to ensure the long-term survival of this great league… and sport.