Kukla's Korner Hockey
by Paul on 06/04/07 at 03:30 PM ET
from Al Strachan at Fox Sports,
Fans are understandably sick of hearing about financial issues, but a couple of recent revelations bear noting.
One is that it appears that the NHL Players Association will exercise its right to have the salary cap raised to the maximum permissible level. That should push it over $50 million.
Those of you who remember commissioner Gary Bettman’s assurance that the salary cap he needed to impose would keep ticket prices down might wonder about this.
Bettman could have prevented the year-long shutdown of the league by accepting a PA proposal that would have set payrolls at approximately $42 million. He refused, saying that such a figure was beyond the reach of owners. Two years later, we’re at $50 million.
more on this, plus a few other NHL topics, including the Pronger suspension…
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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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