Kukla's Korner Hockey
by George Malik on 08/20/12 at 03:50 PM ET
The Sharks’ parent company said this summer that it lost $15 million last season despite selling out every game. But the disclosure—coming shortly before the start of NHL collective bargaining talks—wasn’t as surprising as the group’s response.
“We’re OK with that because that’s a decision we’ve made to stay competitive,” said Kevin Compton, referring to the fact his team’s player payroll bumped up against the NHL salary cap.
By all indications, the Sharks again will spend close to the salary cap limit as they attempt to rebound next season—presuming there is no repeat from 2004 when a lockout shut things down. Compton indicated the commitment remains the same, even if a new CBA—one subject he and Sclavos would not discuss—isn’t much different from the current one.
“Have you ever heard us complain about it?” Compton said. “If that changes, I’ll call you.”
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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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