Tuesday, February 15, 2005
Another reason why I can't get with the owners:
If every team spent to the $49 million level you have proposed, Gary Bettman says of the latest NHLPA offer, total player compensation would exceed what we spent last season and, assuming for discussion purposes, there was no damage to the game, our player compensation costs would exceed 75% of revenues. We cannot afford your proposal.
Except that under the 24% rollback that is already part of this proposal, only eight teams in the entire league would have payrolls higher than $40 million. So Bettman is assuming that another 10 or 12 of his supposedly united owners plan to go right out and spend another $9 million on free agents.
If every team spent to the $49 million level you have proposed, Gary Bettman says of the latest NHLPA offer, total player compensation would exceed what we spent last season and, assuming for discussion purposes, there was no damage to the game, our player compensation costs would exceed 75% of revenues. We cannot afford your proposal.
Except that under the 24% rollback that is already part of this proposal, only eight teams in the entire league would have payrolls higher than $40 million. So Bettman is assuming that another 10 or 12 of his supposedly united owners plan to go right out and spend another $9 million on free agents.
# posted by JC @ 11:43 PM 
