Kukla's Korner

Petshark: Talking Stick

Entries with the tag: cba negotiations

Profits, losses and other lack of Sharks news

There’s nothing to report from Shark Territory, but it’s been a long time since I posted anything so here are some thoughts on the latest lack of news.

A little over a week ago, Kevin Kurz asked if the Sharks owners should be allowed to profit from their NHL team.  I winced at the word “allowed.” Lyle Richardson asked why the team is not profitable in his article from the 18th. But to ask if the owners should be allowed to make money is absurd.  There is no law, rule or viable lobby that argues team owners should not be allowed to profit from their teams.  Of course NHL teams are for-profit ventures.  That said, there’s a difference between allowing someone to do something and finding ways to help them do it.

It gets sticky in terms of PR (which owners may or may not actually care about) when you cry poverty and you aren’t poor, and then try to make your employees pay for your unsatisfactory profits.  Whether the NHL thinks they will benefit from a more closely regulated expense system or not, they had time under the 2005 CBA to figure out what a cap system can and can’t do to save owners from each other.

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Filed in: , San Jose Sharks, | Petshark: Talking Stick | Permalink
  Tags: adam+burish, cba+negotiations, dan+boyle, daniel+winnik, gossip, nhlpa, rick+nash, shane+doan

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