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…
Be the first to comment.
Add a Comment
Please limit embedded image or media size to 575 pixels wide.
Most Recent Blog Posts
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.
Email Paul anytime at email@example.com