Kukla's Korner

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Owners vs. Owners

from Tony Gallagher of the Vancouver Province,

There are some well informed people around the NHL who feel the massive spend fest over the last few days has an excellent chance to make the new collective bargaining agreement negotiations a lot more difficult….

Take the behaviour of the Carolina Hurricanes for instance. Here was a team that was apparently hot and heavy after Zach Parise and while they may have been eliminated from the process eventually, they were making a competitive bid that might well have been accepted had there not been more attractive places to the Minnesota-born forward.

The Carolina Hurricanes throwing money at high-level free agents and driving up their costs by increasing the competition for these high-level players has to be repugnant to the owners of successful teams making revenue-sharing payments.

A persistent taker of revenuesharing funds, the Hurricanes at least one year took close to $20 million from the revenue-sharing pool and for these paying owners to watch their own dollars coming back to bid against them for many of the top-level players has to be nothing short of mind boggling.

Bidding on mid-level players is perhaps to be expected, but when the Hurricanes are in there for the best players in the game on someone else’s dime, it’s a problem.

read on

 

Filed in: NHL Teams, NHL Talk, | KK Hockey | Permalink
 

Comments

Avatar

One has to wonder how much Illich has had to prop up Karmanos in Carolina and how much it bugged him as they won a cup . . . . 

Nothing like trying to pay for your rivals.

Yuck

Then again there’s another TV market in the South to watch hockey.

Posted by bobbo from Romeo, Michigan on 07/08/12 at 12:34 PM ET

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Whining and crying, how dare these upstart franchises challenge for free agents. Driving up costs, taking revenue sharing and using it against the who’s who. Gallagher forgets that Vancouver was a basket case not that many years ago. I love how these traditional markets are feeling the heat. I say turn it up!

Posted by timbits on 07/08/12 at 02:53 PM ET

Primis's avatar

The Carolina Hurricanes throwing money at high-level free agents and driving up their costs by increasing the competition for these high-level players has to be repugnant to the owners of successful teams making revenue-sharing payments.

Yup.

Revenue sharing is the devil, and is what is slowly destroying the sports that employ it.  You don’t have to be a good market, or successful, or try… just sit there and fail and fail over and over again, and someone else will pay for your mistakes/apathy.

Said it before and I’ll say it again:  I don’t care if it would leave the league with only 10 teams, I want to see no cap, no revenue sharing, a salary floor, and if teams can’t handle it they’re dissolved.

Truth is, a lot of these teams crying “poor’ now would magically find ways to make it work and not need to lose the team.  Funny how that works.

Posted by Primis on 07/08/12 at 03:22 PM ET

John W.'s avatar

Whining and crying, how dare these upstart franchises challenge for free agents. Driving up costs, taking revenue sharing and using it against the who’s who. Gallagher forgets that Vancouver was a basket case not that many years ago. I love how these traditional markets are feeling the heat. I say turn it up!

Posted by timbits on 07/08/12 at 12:53 PM ET

I don’t think you quite grasp the concept.  It has nothing to do with them being upstart franchises, but the fact that the successful teams are having to give large portions of their revenue to these struggling teams, who then use this free money to try to outbid the very teams who are having paying for their franchise.

Posted by John W. from a bubble wrap cocoon on 07/08/12 at 03:30 PM ET

John W.'s avatar

...think of it this way:  A family member comes to you saying he’s going to lose his house and needs a loan and then takes that loan and goes to Vegas for a week.  Bet that would piss you off too.

Posted by John W. from a bubble wrap cocoon on 07/08/12 at 03:34 PM ET

Nathan's avatar

I’m okay with revenue sharing, but it has to be in a MLB-style model because that still allows the top-earning teams to have the financial advantage they’ve earned. When you have massive revenue sharing and a salary cap… that’s when I believe you kill the market. Pick one or the other.

Posted by Nathan from the scoresheet! on 07/08/12 at 04:19 PM ET

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Wierd how these so called labor agreements are to keep the owners from double crossing each other.  No sooner do they sign these agreements than they are looking for ways to circumvent them.  Of course the ticket prices never go down no matter what agreement is signed.

Posted by 13 user names on 07/08/12 at 11:59 PM ET

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Im sick of seeing this article and people complaining about revenue sharing. The system was put there for this very reason and it makes for a more competitive league. Also a 10 team league wouldnt have much of a playoff. A lot of people aren’t noticing that he put once took 20 mil from revenue sharing. Which by the way was allotted to them by owners of big market teams I.e. Vancouver where he’s from. He fails to mention even though the hurricanes struggle to get to the cap floor every year they still have contributed to revenue sharing the past few years. Because they operate well below there revenue. Where as Chicago a couple of years ago didn’t have to put into the pot because they lost money. Also he mentions nashville I would want to keep my two best players too he’s treating them like they’re a farm team. And on to his point about driving prices up the canes put in a competitive offer for parise and suter because yeah they put in those offers as did a number of other teams but the difference with the canes offer is that it wasn’t front loaded and they weren’t willing to put those types of signing bonuses on them. The cane wanted the contracts to be a lot more spread out like the average per year rather than front loaded and gradually going down. There are just so many things about this article that is written in a twisted an biased manner that it loses creditability also the fact that he puts no sources on here whatsoever is a red flag.

Posted by Taylor from NC on 07/09/12 at 03:38 PM ET

Wings_Fan_In_KC's avatar

Karmoanos has been doing this crap for years.  He cost the Wings $26MM for f*ckin’ Fedorov on an RFA offer sheet they couldn’t pay.  Then at the next CBA talks he’s cryin’ poor mouth.  What a jackass.

Posted by Wings_Fan_In_KC from ...somewhere southwest of The Motor City... on 07/17/12 at 07:00 PM ET

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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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