A legal contract needs to be paid no questions asked , You cant re-negotiate the sale price on a house if the market crashes so why is this any different .
Billionaire owners need to take responsibility for giving there GMs approval to make poor business decisions on the contracts there handing out and to be honest its obvious that there business skills has not been the reason to why they made hundreds of millions and billions because half the teams in the NHL are absolute terrible investments in the first place
You won't get any argument from me.... I've been saying the same thing all the way through this thread. Look back through the previous pages and you'll see that I believe that the NHL could solve their financial problems simply by changing the cap floor and a small increase in revenue sharing.
However.... being practical doesn't necessarily equate to being fair. I agree it is hard to justify the owners' position, when they give out $4.0 mil to Jiri Hudler and re-up Ales Hemsky and Andrei Markov with raises, but it is impractical to continue to expect to pay major league dollars for minor league play. As fans we shouldn't want it, shouldn't accept it, and shouldn't be hold hostage by poor management decisions as we are right now.
Here is a small list of contracts that are a major problem for the league shown in real actual payroll for 2012-2013. I didn't even include any signings made within the last two years which are also a big problem.
1) Redden - $ 5.0 mil
2) Gomez - $5.5 mil
3) DiPietro - $ 4.5 mil
4) Lecavalier - $10.0 mil
5) Ballard - $4.2 mil
6) Thomas - $3.0 mil
7) Olesz - $4.0 mil
8) Horcoff - $6.0 mil
9) Komisarek - $3.5 mil
10) Yashin - $2.2 mil
11) Drury - $1.7 mil
12) Walker - $1.7 mil
This alone equals $51.3 mil just for this year and it is not rationally justifiable that these dollars get paid out.
You can't tell me that doesn't need to be fixed and is the single biggest obstacle in the CBA, hence the call for short contract limits.
Edited by theminister, 24 October 2012 - 01:45 PM.