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shmenguin wrote:So Philly wants the lockout to end. Ok. The same could have probably been said in 1994 and 2004 at this point. In 94, when the other owners got on board with them, it established the framework for the gigantic downward spiral that followed.
Basically, I don't think philly's opinion on this is terribly valid. But I guess if a team like Pittsburgh, who is at best slightly above break even with their profits, is agreeing with them...maybe there's something to that. But Pittsburgh is in the tough spot of losing a year with the 2 best players in the world in their primes. They may be a little skewed here.
pens_srq wrote:Did anyone post this yet? http://blogs.edmontonjournal.com/2012/11/16/nhl-lockout-why-do-billionaires-keep-buying-teams-that-lose-money/
According to this it appears that "losing money" at least in one particular case is just creative accounting. It makes one wonder how much of the accounting is accurate and how much is done to not pay taxes.
Bioshock wrote:
**** or get off the pot.
nocera wrote:Is it over yet?
no name wrote:Ok does anyone know what "decertification of the NHLPA" would mean?? I read an article that said the players union is concidering this, somehow what i get from this is that it goes to court???
interstorm wrote:pens_srq wrote:Did anyone post this yet? http://blogs.edmontonjournal.com/2012/11/16/nhl-lockout-why-do-billionaires-keep-buying-teams-that-lose-money/
According to this it appears that "losing money" at least in one particular case is just creative accounting. It makes one wonder how much of the accounting is accurate and how much is done to not pay taxes.
I think a lot of people get hung up on owners getting regular cash payout from the team on par with what players get. The truth is one is a job (players) and one is an investment (owners). If this article (http://www.davemanuel.com/nhl-franchise ... ckout-135/) is to be believed, then the average franchise value has gone up about $10 million a year every year for the last 8 seaons. While this isn't a weekly paycheck like the players (job) pays, it is quite a nice return (on the investment). So the notion that owners are losing their skin only holds water if you exclude the value and appreciation of the asset -- which is, quite honestly, a poor way to judge the financial position of a business.
Big Easy Pens Fan wrote:Sounds like the Pens consecutive sellouts streak will be in jeopardy.
BEPF
BurghersAndDogsSports wrote:Big Easy Pens Fan wrote:Sounds like the Pens consecutive sellouts streak will be in jeopardy.
BEPF
Why do you say that? Anything specific or just what people have been saying?
I was blasted a lot before on this issue but I think their streak was on life support last season, way too many open seats the day before games, fake student ticket limits and for the first time since pre 2004 lockout the Pens offered us season holders seats to purchase extra playoff packages. Not that I want to go through that again.
But my point is I think if this lockout proves to be even a small detractor I don't see how the streak keeps going.
Idoit40fans wrote:BurghersAndDogsSports wrote:Big Easy Pens Fan wrote:Sounds like the Pens consecutive sellouts streak will be in jeopardy.
BEPF
Why do you say that? Anything specific or just what people have been saying?
I was blasted a lot before on this issue but I think their streak was on life support last season, way too many open seats the day before games, fake student ticket limits and for the first time since pre 2004 lockout the Pens offered us season holders seats to purchase extra playoff packages. Not that I want to go through that again.
But my point is I think if this lockout proves to be even a small detractor I don't see how the streak keeps going.
If it survives the next season that is played(whenever that is) i'll be surprised. The sellout streak has definitely been BS for a season and a half...only lasting because of season ticket sales. To be fair though, they never claimed it was gate entries.
shmenguin wrote:Pitt87 wrote:shmenguin wrote:There will be several winners to this lockout, Pierre. That's kinda the point.
Interested in hearing you think there will be a winner; League loses revenue, Players lose a year of salary, and owners have to spend money to win back fans. I guess I would agree with the KHL being a winner...
despite the doomsday vibe going on, many of the teams that were losing money before the lockout will be making money after the lockout - particularly in the long run. most of the owners will be in a better situation once the dust settles.
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