Kukla's Korner

SENShobo

The CBA’s Shine Is Slowly Wearing Off

From Ken Campbell of The Hockey News,

Guys like George Gillett gave up a season of profits so that guys like Ted Leonsis could have a better chance to make some of their own. But, three years after the lockout, the collective bargaining agreement does not seem to be working so great for either of them.

The lockout was supposed to be about keeping player costs in line, but Gillett looks at the money he is paying out and notices that with what his team pays into player salaries and revenue sharing, he is putting out more money than he did prior to the lockout. He owns the Montreal Canadiens.

The lockout was supposed to level the financial playing field and give everyone a chance to make a profit. Leonsis looks at his bottom line and sees he is still losing money and will do so again this season. In order for him to start making any money, the stars will have to align as they never have before. He owns the Washington Capitals.

read on

Last week I wrote my thoughts on the CBA, and this only further explores the hardships of the current system. A time will come when a new deal is reached, but whether it will benefit the owners of rich successful teams, of smaller market teams, or the players themselves, that remains to be seen.

Like a politician only now admitting that there is a financial crisis going on, let us hope that along with extolling the virtues of the new CBA, Bettman and Kelly start openly admitting some of the issues with it, so they can be discussed and addressed before any monumental crises emerge.

Filed in: NHL General, | SENShobo | Permalink
 

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About SENShobo

Native of Northern California.  Hockey fan since 1998... sort of... there's a hiatus in there that I still can't explain.

I want to know about anything and everything related to the sport and the spectacle.  I watch, I react, I write it down.

My interest in the Sharks was initially a matter of geographic convenience and regional loyalty because that seemed to be how it worked.  I had no prior interest (at all-- AT ALL) in professional sports of any kind.  When I met hockey, it might have set off a chain reaction of general sports fandom.  It hasn't, I don't think it will.  At all.

Since then, that interest developed into full blown (mostly sort of usually almost completely) exclusive loyalty to the Sharks.

I started blogging a couple years ago on wordpress. I still occasionally put things there that I don't think fit here because they are not about the Sharks. Wherever my words wander, here on Kuklas Korner, they will (usually) hang on to a teal thread.

I can be found in cyberspace on Twitter @petshark47, or emailed at talkingstick@petshark.net