Kukla's Korner Hockey
In the two seasons since team owners canceled the 2004-05 campaign to force a salary cap on the players, the 30 NHL franchises have increased an average of 23% in value, and the league has gone from an operating loss of $96 million to a profit of $96 million.
The average hockey team is now worth $200 million and last season posted a profit (in the sense of earnings before interest, taxes, depreciation and amortization) of $3.2 million on revenue of $81 million. Even small-market hockey teams are hot properties: Tampa Bay Lightning owner William Davidson, who bought the team, the operating lease to the arena, and 5.6 acres of surrounding real estate for $115 million in 1999, is on the verge of selling that package for $206 million.
much more and should be a must read for every hockey fan…
from Loose Change at the Hockey News,
Now the question being raised is one about player eligibility, specifically whether a player, who takes a penalty in the overtime, should be allowed to shoot in the shootout. The logic here being that a player who commits a foul has somehow forfeited his right to participate in the fun and educational extra-curricular activities.
So, it’s now come to this. The National Hockey League, in an attempt to simply spice up its product in a terribly hokey creative move, has now turned the simple endeavor into a complete civil rights question. That being: Is a player (a human) still considered a player (a human) after he’s committed an act against his society (the other team)?
[This post is temporarily ‘sticky’ to top of KK - updates in the comments]
From the CP via The Hockey News,
The 33-year-old Lindros, a free agent who has not played this season, is expected to announce his retirement in his hometown of London, Ont., on Thursday.
The Big E made it through 13 seasons despite eight concussions - injuries that eroded his impact later in his career. But he remains one of the most compelling impact players to skate in the NHL, and he wore Canada’s colours with distinction in earning gold and silver Olympic medals.
Bobby Clarke argues that Lindros should make it to the HHOF, but there’s likely to be a lot of debate. (updates: more articles on Lindros and his career will be added to the comments of this post)
Update 12:50pm ET: ESPN video discussing Lindros’ legacy is below.
Poll Question: Should Eric Lindros Make it into the Hall of Fame?
Scott Stevens is another player being inducted into the HHOF on November 12th. From the NHL:
During his 22 years, Scott played in 1,635 regular season games, fifth most in the league’s history, scored 196 goals and added 721 assists for 980 points. Won Stanley Cups in 1995, 2000, and 2003 with the Devils, and was the Conn Smythe Trophy winner as playoff MVP in 2000. He also appeared in 13 NHL All-Star games.
Today he participated in a press conference with the media, and the transcript is below, as is a video compilation of his career highlights.
Mark Messier participated in a media conference call today, answering questions as he prepares to be inducted into the Hockey Hall of Fame on Monday, November 12th.
In 25 NHL seasons Mark played in 1756 regular season games, the second highest total ever, trailing only Gordie Howe. He recorded 694 goals which is seventh all-time, and 1,193 assists, third all-time. His total of 1887 career points places him second all-time behind only former teammate Wayne Gretzky.
He won the Stanley Cup six times, the Conn Smythe Trophy as playoff MVP in 1984, the Hart Trophy as the National Hockey League’s most valuable player in 1990 and ‘92, and he appeared in 15 NHL All-Star Games.
Below is a transcript of today’s interview, plus a video selection of his career highlights, provided by NHL.com.
from Ken Campbell of the Hockey News,
The Nashville Predators won’t be packing their equipment bags for a move to Kansas City or anywhere else, at least not for the next three years.
Multiple sources have confirmed to THN.com a deal has been reached between the city of Nashville and a prospective local ownership group to rework the team’s lease at the Sommet Center that will guarantee the Predators remain in Nashville until at least through the 2010-11 season.
added 3:32pm, from Adam Proteau of the Hockey News,
No more minimum attendance numbers that lock them in for another 10 years. No specific break-even point. Nada. Now, it’s simply a question of whether the team is financially solvent – a vague term to say the least – that decides whether the team stays or goes.
So let me get this straight: Craig Leipold couldn’t make the business side work after a decade’s worth of attempts, but a more convoluted ownership collective is going to be successful in just a third of that span? And at a time in NHL history when the salary cap is expected to rise to above $60 million in the next couple seasons, bringing the salary cap minimum level up with it?
Update 11:45pm ET (alanah):
1 - Steven Stamkos, C Sarnia (OHL)
2 - Alex Pietrangelo, D Niagara (OHL)
3 - Drew Doughty, D Guelph (OHL)
4 - Zach Bogosian, D Peterborough (OHL)
5 - Kyle Beach, R/C Everett (WHL)
more at McKeen’s Hockey
from Ian Winwood of the Guardian,
You won’t be able to hear this but what I’m doing is whistling in the wind. The NHL is like a cult whose prayers are to the gods of corporate hospitality. Those of us not wearing well-cut suits can only watch in dismay, until the point arrives where things have become so dull, or so expensive, that we no longer choose to watch. I know I’m partial to the game, but it seems obvious to me that hockey needs its audience to feel like participants and not merely consumers.
from Rick Westhead of the Toronto Star,
A growing number of small-market NHL franchise owners are wringing their hands over how league’s CBA – particularly Article 49 – governs revenue sharing, several team owners say.
Here’s the problem: Teams like the Nashville Predators, Florida Panthers and Phoenix Coyotes, which rely on revenue-sharing money, must generate “a year-to-year revenue growth rate in excess of the league average revenue growth rate,” the CBA says.
Put simply, if the average NHL club increases revenue 6 per cent this season, and the Predators increase revenue 5 per cent, the club would lose 25 per cent, or about $3 million, of its revenue-sharing stipend of $11 million (all figures U.S.).
Remember gentlemen, no complaining, it was your CBA!
From Dave Waddell at the Windsor Star,
Essex native Ralph Mellanby, the 73-year-old former executive producer of Hockey Night in Canada for two decades, says NHL commissioner Gary Bettman is responsible for many of the league’s problems.
“Bettman to me is the real problem for hockey,” said Mellanby, who will be signing his book Walking with Legends Saturday at 2 p.m. in Chapters at the Devonshire Mall and at the Essex Legion at 3:30 p.m.
“He’s done so much damage to hockey it may never recover. We don’t have time to go through the litany of errors.”
Mellanby cites the usual laundry list of being in bad hockey markets, ignoring European opportunities, slowness to improve a deteriorating product, turbulent labour relations, the ignoring of Canadian markets, the reluctance to embrace change and some controversial TV deals and asks why Bettman is still employed.
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.
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