Kukla's Korner Hockey
by Paul on 04/12/09 at 09:42 AM ET
from Larry Brooks of the NY Post,
• Speaking of making sense, there is nothing more absurd in sports than the NHL’s revenue-sharing system, under which the Maple Leafs, the league’s wealthiest and most profitable franchise, get a rebate check worth between $4-4.5 million because the rest of the teams’ combined payrolls created an excess of escrow money.
The Maple Leafs did not come close to spending at the $56.7M cap, coming in at an approximate $49M. They invested, what, maybe 40 percent of their hockey-related revenue on payroll, yet they will get a refund because other teams invested up to 65 percent of their income on players?
That would be tantamount to the Yankees getting revenue-share money from MLB because the Royals, Pirates, Marlins and Rockies went on a spending spree.
• Understand this: The NHLPA will decide whether the cap remains flat, goes down slightly or increases again through its decision on whether to trigger the automatic 5-percent bump. The decision will be made by a vote of the 30 player reps, presumably at the conclusion of the playoffs.
more NHL talk…
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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.
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