Kukla's Korner Hockey
NHL Prepared for Tough Economic Times
by Alanah McGinley on 11/03/08 at 06:55 PM ET
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From David Staples at Canwest via the Vancouver Sun,
Can the National Hockey League’s economic boom survive the recent economic crash?
This question is troubling NHL bosses, financiers, players and observers.
Now, as the league has begun to enjoy the benefits of the Collective Bargaining Agreement (CBA) of 2005, it must make sense of the recent worldwide stock market crash, an economic upheaval that has brought to mind that most famous of stock market crashes, the Wall Street crash of October 1929. That economic calamity triggered the Great Depression and ended the NHL’s first economic boom.
Related: previously on KK, “Will the CBA be Terminated Next Year?”
Note: the URL of this post changed as I accidentally placed it on the Canucks & Beyond page at first. (Sorry about that. Having a blonde moment…)
Filed in: | KK Hockey | Permalink
Tags: cba,
economics
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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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