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SBD/Issue 213/Leagues & Governing Bodies
Complex NHL Revenue-Sharing System Leaves Many Confused
Published August 1, 2005
Daly Says New CBA Allows All
Clubs To Have Competitive Payrolls
Goodenow To Receive Full NHLPA
Salary For Next Three Years
CBA PITFALLS: In Toronto, Al Strachan writes, “In the new NHL, success will come to those who are ruthless. ... This new CBA is not unlike modern western economies, in that the middle class will bear the greatest burden and may be all but eradicated in the process.” Teams will “have to target a few top-line players and fill the remainder of the roster with hard workers who can skate” (TORONTO SUN, 8/1). In Ft. Worth, Mac Engel wrote, “Once a league with no financial boundaries, the NHL now has well-defined limits, down to reporting revenue generated by team mascots.” Engel added that because all NHL contracts are guaranteed, GMs “must be careful when awarding long-term deals.” Stars GM Doug Armstrong said, “You can flush your mistakes in the NFL [which does not have guaranteed contracts]. This is more player-friendly. Once you marry a player here, you’re married” (FT. WORTH STAR-TELEGRAM, 7/31).
NOTES: Jacobs, on how the lockout played out: “[Owners] had given a great deal to [the players] over time they were always able to get what they asked for. We made the situation what it was and it was our own inability to think what we were doing in the process.” Jacobs also said that Stars Owner Tom Hicks “no longer has his club and arena up for sale” after seeing the new CBA (Kevin Paul Dupont, BOSTON GLOBE, 7/31)....The NHL announced the Canucks will host the ’06 NHL Entry Draft at General Motors Place (NHL).