Kukla's Korner Hockey
by Paul on 09/15/05 at 06:48 PM ET
Mr. Mlakar, president and CEO of the Ottawa Senators and the Corel Centre, was the speaker Thursday at the Ottawa Chamber's Capital Leaders Lunch. Speaking bluntly, Mr. Mlakar rhymed off the $10 million it has cost team owner Eugene Melnyk to meet contractual obligations, keep the lights on and the franchise anchored in Ottawa for a year without any game ticket revenue coming in. Nor did he didn't hesitate to lay the blame for the debacle of the past year, not to mention of the past decade, on the team owners of the mid 1990s for bowing to player demands and voting in favour of a salary structure that sucked up 75 per cent of league revenues, significantly more than any other professional sport in North America. Most of those owners, he pointed out, are now out of the league, have gone bankrupt or even ended up in jail.
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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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