Menu
Leagues and Governing Bodies

NHL READY TO TAKE NEXT STEP TO SECURE AID FOR CANADIAN TEAMS

          The NHL "will issue a pledge" today that "no Canadian
     team will seek relocation" to the U.S. until the CBA expires
     after the 2003-04 season, according to Cam Cole of the
     NATIONAL POST, who writes that it will be "in concert with
     ... efforts to control costs" plus a "continuation of
     current Canadian and small-market assistance programs."  In
     exchange, the league is seeking a share in revenues from
     provincial lotteries, which "took in more than" C$343M in
     '96-97, "half of it from wagering on" NHL games.  The league
     is also seeking "some form of tax relief."  Cole: "For the
     first time, this is a fair proposal."  For the NHL to make
     its Canadian owners "stay put" for five seasons as
     "incentive to get federal and provincial governments to
     budge off their intransigent stand on financial assistance,
     is an enormous concession.  And an unexpected one. ... A
     league willing to give up its greatest bargaining chip is a
     league whose troubles deserve to be taken seriously."  Cole
     adds that with the pledge, the NHL is "implying" the a new
     CBA and economic system "will allow" all teams to "survive
     and be competitive" (NATIONAL POST, 9/17).  In Edmonton,
     Terry Jones writes that the offer is a step forward:
     "There's way too much `trust us' from the NHL for their
     part.  No question.  And there's also a disturbing tone of
     `take it or leave us' in this position paper.  But then
     again, isn't that where we're at?" (EDMONTON SUN, 9/17).
          SET TO REOPEN CBA? In Toronto, Allan Maki reports that
     the "simmering tension" between the NHL and the NHLPA is
     "expected to bubble over" now that the NHL "has asked" for
     the CBA to be "reopened and renegotiated" before it is set
     to expire in 2003-04.  Maki cites sources saying that the
     "already strained relations between the sides are destined
     to deteriorate."  One source said that the NHL is "so eager
     to rework" the CBA that it would, "'rather fight now than
     wait for 2004.'"  Maki notes that the NHL asked to reopen
     the CBA "during recent discussions" with the players
     concerning their participation in the 2002 Olympics.  Maki
     adds that the NHL was "willing to sign off on all the
     players' demands" for the 2002 Games, but only if the CBA
     was "subject to a major revision within the next year or
     two."  Maki: "The players have yet to respond publicly, but
     they are not likely to give up the gains they've made in the
     past four years" (Toronto GLOBE & MAIL, 9/17).

SBJ Morning Buzzcast: April 23, 2024

Apple's soccer play continues? The Long's game; LPGA aims to leverage the media spotlight

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

NBC Olympics’ Molly Solomon, ESPN’s P.K. Subban, the Masters and more

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Molly Solomon, who will lead NBC’s production of the Olympics, and she shares what the network is are planning for Paris 2024. Later in the show, we hear from ESPN’s P.K. Subban as the Stanley Cup Playoffs get set to start this weekend. SBJ’s Josh Carpenter also joins the show to share his insights from this year’s Masters, while Karp dishes on how the WNBA Draft’s record-breaking viewership is setting the league up for a new stratosphere of numbers.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1999/09/17/Leagues-Governing-Bodies/NHL-READY-TO-TAKE-NEXT-STEP-TO-SECURE-AID-FOR-CANADIAN-TEAMS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1999/09/17/Leagues-Governing-Bodies/NHL-READY-TO-TAKE-NEXT-STEP-TO-SECURE-AID-FOR-CANADIAN-TEAMS.aspx

CLOSE