Eklund
Commissioner |
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Joined: 09.15.2005
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j_eng
Toronto Maple Leafs |
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Location: ON Joined: 05.18.2011
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"No need to panic."
*Puts panic inducing headline out.* |
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Alexzanki
Columbus Blue Jackets |
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Location: Montreal, QC Joined: 06.03.2008
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Taylorst1
Chicago Blackhawks |
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Joined: 07.09.2018
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This was inevitable , imo the owners amd players earlier on had about as much of a clue to how/if or when the season / games would resume. I think both parties for the sake of not rocking the boat wanted to finish up the season.
As time went on the offseason seems a bit straining for every organization with building a competitive team and the cap is now showing to be a major issue for the league..
The 2020/2021 season will be the only hurdle with no fans , 2 vaccines have been approved and by next summer things will be different.
I'm guessing either more compliance buyouts with no penalties and maybe the owners and players come to a agreement where the owners pay the difference in their salaries after their contract is up for the 1 year .
That to me seems like a possible way to help with the salary cap and still put a team on the ice |
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Kooleus
Los Angeles Kings |
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Location: LA (home of King Alex), CA Joined: 11.17.2018
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"No need to panic."
*Puts panic inducing headline out.* - j_eng
The season is in balance. But don't panic.
I also like that this was a major phone meeting. MAJOR. There were some minor phone meetings leading up to today, but now its MAJOR. |
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gergeswillems
Detroit Red Wings |
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Location: Malkin wants to be The Man, ON Joined: 02.01.2016
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Alexzanki
Columbus Blue Jackets |
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Location: Montreal, QC Joined: 06.03.2008
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What would Mike Hoffman do if he was right now? I think he'd talk with a team or 2 that's what Mike Hoffman would do.
https://youtu.be/sNJmfuEWR8w - gergeswillems
and win Stanley's Cup |
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Gerk
St Louis Blues |
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Location: say it aint so TARASENKO, YT Joined: 01.07.2008
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All comes down to the numbers.
Its going to be short season with prorated salaries or no season. Latter being most likely to happen.
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Hesh_
Philadelphia Flyers |
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Joined: 07.29.2013
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"No need to panic."
*Puts panic inducing headline out.*
https://youtu.be/9Oww4Ap3YZA
It’s not directly related, but it made me think of this.
All hail Stanhope. Unfortunately he won’t get his due in comedy until after he passes, much like Bill Hicks. |
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MBFlyerfan
Philadelphia Flyers |
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Location: Be nice from now on, NJ Joined: 03.17.2006
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I know it sucks you may have to make 2 million instead of 3 million for the next season or two, but without fans paying the bills.....
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Nighthawk
Vancouver Canucks |
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Location: Canuckville, BC Joined: 01.09.2015
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One needs to ask the question , has the NHLPA been paying attention to MLB and what happened on their end - Alexzanki
Idk how the 2 compare at all. |
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DeuceNine
St Louis Blues |
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Location: STL, MO Joined: 08.11.2006
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Players need to understand they're effectively gig workers. If there's no fans, your take is reduced. Every contract has a certain level of assumption built into it, and one of those is that revenue is reasonably normal. Now, the smart ones that placed their bonus money outside of the salary structure probably won't be as affected (if at all) by this, although that is probably also part of this discussion today. |
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Ideally players should be paid by a percentage of the year's cap. So if the cap is currently at $80M and some player has a contract that says he gets 5% of the team's cap, his salary that year is $4M. If the cap drops to $75M his salary then drops to $3.75M. Likewise, if it goes up to $85M then his salary goes up to $4.25M.
This protects teams and the league against unforeseen events that cause sudden drops in revenue while at the same time gives players the incentive to help revenue increase. Also, I would expect the cap to ordinarily go up over time (gradually). |
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2.0
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Location: Dauphin, MB Joined: 09.11.2017
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If the NHL hopes to renege on the contract signed just a few months ago then shame on them. Everyone knew it was possible the 2020/21 season would be shortened, the players made considerable concessions to allow the 2019/20 season to finish and negotiated that the 2020/21 season would not be a pro-rated contract. It might be reasonable to ask the players to defer salary (in addition to the escrow already in play) but why let the billionaires off the hook to their commitments? None of my investments are guaranteed to make money and every contractor I hire expects to get paid for their part of the job according to terms agreed upon.
Players are still expected to stay fit, stay mentally sharp and be available throughout this, the games and travel are the minor part of the work - rather the games are just the part that is public and easy to see.
The principle is that the billionaire owners need to make good on contracts they agreed to with the millionaire players whether they are losing money or not. The players made a significant compromise once already, I won't feel sorry for the owners for the terms. |
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Kooleus
Los Angeles Kings |
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Location: LA (home of King Alex), CA Joined: 11.17.2018
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If the NHL hopes to renege on the contract signed just a few months ago then shame on them. Everyone knew it was possible the 2020/21 season would be shortened, the players made considerable concessions to allow the 2019/20 season to finish and negotiated that the 2020/21 season would not be a pro-rated contract. It might be reasonable to ask the players to defer salary (in addition to the escrow already in play) but why let the billionaires off the hook to their commitments? None of my investments are guaranteed to make money and every contractor I hire expects to get paid for their part of the job according to terms agreed upon.
Players are still expected to stay fit, stay mentally sharp and be available throughout this, the games and travel are the minor part of the work - rather the games are just the part that is public and easy to see.
The principle is that the billionaire owners need to make good on contracts they agreed to with the millionaire players whether they are losing money or not. The players made a significant compromise once already, I won't feel sorry for the owners for the terms. - 2.0
If owning a team is no longer profitable then you can always just shut it down. Like if you open a restaurant and hire employees under a contract, would you continue operating and bleeding money until you go bankrupt? Or would you go to your staff and give two options:
1) We all reduce hours. So we all earn less.
2) We shut down and you all get $0.
If I was an owner and my options were:
1) Stay open for 48 games. No fans. But pay these clowns a full salary.
2) Shut down for the year.
Well guess what. No hockey this year unless the players pro-rate.
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Aetherial
Toronto Maple Leafs |
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Location: Has anyone discussed the standings today? Joined: 06.30.2006
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If the NHL hopes to renege on the contract signed just a few months ago then shame on them. Everyone knew it was possible the 2020/21 season would be shortened, the players made considerable concessions to allow the 2019/20 season to finish and negotiated that the 2020/21 season would not be a pro-rated contract. It might be reasonable to ask the players to defer salary (in addition to the escrow already in play) but why let the billionaires off the hook to their commitments? None of my investments are guaranteed to make money and every contractor I hire expects to get paid for their part of the job according to terms agreed upon.
Players are still expected to stay fit, stay mentally sharp and be available throughout this, the games and travel are the minor part of the work - rather the games are just the part that is public and easy to see.
The principle is that the billionaire owners need to make good on contracts they agreed to with the millionaire players whether they are losing money or not. The players made a significant compromise once already, I won't feel sorry for the owners for the terms. - 2.0
Good lord.
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Aetherial
Toronto Maple Leafs |
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Location: Has anyone discussed the standings today? Joined: 06.30.2006
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If owning a team is no longer profitable then you can always just shut it down. Like if you open a restaurant and hire employees under a contract, would you continue operating and bleeding money until you go bankrupt? Or would you go to your staff and give two options:
1) We all reduce hours. So we all earn less.
2) We shut down and you all get $0.
If I was an owner and my options were:
1) Stay open for 48 games. No fans. But pay these clowns a full salary.
2) Shut down for the year.
Well guess what. No hockey this year unless the players pro-rate. - Kooleus
Your response was too obvious. It should not have needed to be said.
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Hunkulese
Calgary Flames |
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Location: QC Joined: 09.30.2006
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If the NHL hopes to renege on the contract signed just a few months ago then shame on them. Everyone knew it was possible the 2020/21 season would be shortened, the players made considerable concessions to allow the 2019/20 season to finish and negotiated that the 2020/21 season would not be a pro-rated contract. It might be reasonable to ask the players to defer salary (in addition to the escrow already in play) but why let the billionaires off the hook to their commitments? None of my investments are guaranteed to make money and every contractor I hire expects to get paid for their part of the job according to terms agreed upon.
Players are still expected to stay fit, stay mentally sharp and be available throughout this, the games and travel are the minor part of the work - rather the games are just the part that is public and easy to see.
The principle is that the billionaire owners need to make good on contracts they agreed to with the millionaire players whether they are losing money or not. The players made a significant compromise once already, I won't feel sorry for the owners for the terms. - 2.0
The billionaire owners aren't paying the players. The teams pay the players.
You even bring up investments so you must have a tiny bit of understanding how the real world works. The teams are investments for the owners. They buy in, hope things go well, and cash out down the road. How would you feel if your investments required you to keep funnelling your personal cash into? How long would you hang onto that investment?
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i'mjustafan
Pittsburgh Penguins |
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Location: United States, PA Joined: 05.15.2007
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If they want to kick the (salary) can down the road, then why dont they agree to an interest payment on it? Right now the players are getting that $ back years later at 0% interest. While i am a season tix holder and understand the strain, the reality is that these teams are owned by billionaires. Kinda hard to feel bad for them. How much was the pay in for seattle? for vegas? to buy the yotes? |
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Gerk
St Louis Blues |
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Location: say it aint so TARASENKO, YT Joined: 01.07.2008
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If they want to kick the (salary) can down the road, then why dont they agree to an interest payment on it? Right now the players are getting that $ back years later at 0% interest. While i am a season tix holder and understand the strain, the reality is that these teams are owned by billionaires. Kinda hard to feel bad for them. How much was the pay in for seattle? for vegas? to buy the yotes? - i'mjustafan
League wide gate receipts in the last full season were 1.9 billion. So roughly 600+ million per team in yearly income at risk. Say we get lucky and average 50% attendance for full year. If you owned the team would you absorb 300 million in lost revenue and pay players 80 more million on top of that.
The answer is no. You cut costs for a year and look to come back when fans can be in the seats spending money. |
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buster29
New York Islanders |
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Location: London, ON Joined: 07.03.2019
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I'm going to miss the 20-21 season, but these are the times we live in. See you in the fall of 21, hopefully.
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Kooleus
Los Angeles Kings |
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Location: LA (home of King Alex), CA Joined: 11.17.2018
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League wide gate receipts in the last full season were 1.9 billion. So roughly 600+ million per team in yearly income at risk. Say we get lucky and average 50% attendance for full year. If you owned the team would you absorb 300 million in lost revenue and pay players 80 more million on top of that.
The answer is no. You cut costs for a year and look to come back when fans can be in the seats spending money. - Gerk
You understand the concept. But you are doing math like the Buzztron. Take away a zero. |
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If owning a team is no longer profitable then you can always just shut it down. Like if you open a restaurant and hire employees under a contract, would you continue operating and bleeding money until you go bankrupt? Or would you go to your staff and give two options:
1) We all reduce hours. So we all earn less.
2) We shut down and you all get $0.
If I was an owner and my options were:
1) Stay open for 48 games. No fans. But pay these clowns a full salary.
2) Shut down for the year.
Well guess what. No hockey this year unless the players pro-rate. - Kooleus
You need to compare apples with apples. These are not restaurant workers that punch a clock, they are contracted professionals. A CBA, like the one they signed in July and that Bettman wants to renege on is also considered a contract. Just like my mortgage I signed. Do you think I can go tell my bank I'm not paying you because of covid this and covid that? They'll laugh in my face and say pay up or we take your house. This is not about players not wanting to do the right thing, its about the integrity of the league when they sign a CBA and the precedent this would set. What now? Every time Bettman doesn't like something he'll ask for concessions or threaten to cancel the season? There needs to be a provision if an amendment is made like the players will eventually get their compensation, if not then this CBA and all future CBAs will not be worth the paper they are written on.
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TRDevil
New Jersey Devils |
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Location: Toms River, NJ Joined: 04.04.2014
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I think someone should get some investors together, get 3-4 smaller market arenas fill them with cameras. Have a draft/tryouts for displaced AHL, ECHL Junior players, college players that couldn't make grades, KHL and euro guys, etc. Recruit the best of whoever shows up.
Put everyone in a bubble, form 8 or so teams, have a few warmup/qualifying games, have a sick televised beer league tournament with loose rules and lots of fights. FTW I want to watch hockey even if it sucks. The NHL did fine with this format it can be done again even if it can't be a billion dollar ordeal. |
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