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Tanking Economy Will Affect NHL?

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It's a general, open comment, & I'm curious if anyone has any insights with this possibility?

 

Certainly I'm no market-analyst, nor investor..yet we all analyze & are invested(to varying degrees)! I'm reading now several news sources reporting markets are spiralling the loo. Considering the season/month..seems rather strange to me..ominous.

 

Let's say(for sake of discussion) there is a severe downturn, that affects the masses pretty significantly. Cuts entertainment spending, of course. I'm contemplating league-effects:

 

- Are there any vulnerable ownerships(esp locales where situation is exacerbated)?

- Could this influence CBA acrimony? (or conversely, bring parties to quick agreement)?

- Perhaps wind up with a team or two changing markets?(Quebec must hope so!)

- Affect decisions to arrive in/leave NA?

 

*****************************************************

 

As a general comment, I'll say this is where fundamentally-stable ownership is quite important. The balance of power might sway towards owners who are well-prepared to weather a significant financial-downturn. From what I've read on these boards, I imagine the Aquilinis are within this category. Further to this, I'd imagine well-heeled owners will be more averse to (versions) of rev-sharing in the coming CBA. An imploding economy doesn't lend itself well to such 'socialist', evened playing field, financial-initiatives.

 

I'll even go so far as to say the Cdn markets will improve(vs their US counterparts), should the downturn arrive. Cdn fans are more likely to spend their even hard(er) $ earned, as the game means more(in general) to the avg sports fan north of the border. I'm even wondering if this hasn't factored slightly(already) into an upwards trajectory of some Cdn teams?

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1 minute ago, Alflives said:

The ticket price differences between the Canadian teams and many of the US teams is already unfair.  We prop up the joke US teams with our dollars.  

Absolutely Alfer..& I made a thread on Rev Sharing a few months back. There are a FEW elephants in the room, with the #riggeddeckleague, & the diehards don't always like to ponder such notions :^)

 

It's hard to accept the high you've injected yourself with, has been cut down to shyte. But us junkies have to push back!

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4 minutes ago, Alflives said:

The ticket price differences between the Canadian teams and many of the US teams is already unfair.  We prop up the joke US teams with our dollars.  

That's an EXTREMELY relative reply.  As a Chicago Blackhawks STH, I pay $75 per ticket at a discounted STH price....yet somehow I can look online and buy an Ottawa Senators ticket for $20.

 

So who exactly is supporting who in this scenario?

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15 minutes ago, skolozsy2 said:

That's an EXTREMELY relative reply.  As a Chicago Blackhawks STH, I pay $75 per ticket at a discounted STH price....yet somehow I can look online and buy an Ottawa Senators ticket for $20.

 

So who exactly is supporting who in this scenario?

"Many of the US teams"  I would expect the Rangers, Flyers, and Hawks to make profits.  I will say the Hawks, now their team stinks, will be back to losing money pretty soon.  Fans in the US are just different than us, don't you think?  

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The NHL had its biggest test in 2008-2009 when the world faced its biggest financial crisis since the Great Depression.  Funny, when people were losing their homes and life savings, NHL players enjoyed 8+ % raises over the next couple years.  And with that money they could in return invest in a market that bottomed out.  Nah, I don’t for a minute think that the NHL will be affected by anything the market throws at them, they grew last time, and likely will again.  Apparently hockey matters once or twice a year for enough fans, even if they can’t pay their mortgage, and that’s enough to keep it going.  Have been challenging anyone who thinks the cap won’t continue going up for years, it’s just the way it is.  They keep getting richer.

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3 minutes ago, IBatch said:

The NHL had its biggest test in 2008-2009 when the world faced its biggest financial crisis since the Great Depression.  Funny, when people were losing their homes and life savings, NHL players enjoyed 8+ % raises over the next couple years.  And with that money they could in return invest in a market that bottomed out.  Nah, I don’t for a minute think that the NHL will be affected by anything the market throws at them, they grew last time, and likely will again.  Apparently hockey matters once or twice a year for enough fans, even if they can’t pay their mortgage, and that’s enough to keep it going.  Have been challenging anyone who thinks the cap won’t continue going up for years, it’s just the way it is.  They keep getting richer.

What is the escrow though?  

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20 minutes ago, skolozsy2 said:

That's an EXTREMELY relative reply.  As a Chicago Blackhawks STH, I pay $75 per ticket at a discounted STH price....yet somehow I can look online and buy an Ottawa Senators ticket for $20.

 

So who exactly is supporting who in this scenario?

I’ve been going to their games for eight years, usually in the blues (80-90per ticket) sometimes in the reds (add $50-80), if you want to cherry pick a seat way back in the nose bleeds I’m sure you can get a 20$ ticket next to the trash can.  And they suck right now.  Watch the ARi/Florida/CAR games and see how empty the reds are and it’s not surprising that this guy made that post.   Some teams almost sell out even when they suck, others barely fill the house unless they are winning cups.

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20 minutes ago, Alflives said:

"Many of the US teams"  I would expect the Rangers, Flyers, and Hawks to make profits.  I will say the Hawks, now their team stinks, will be back to losing money pretty soon.  Fans in the US are just different than us, don't you think?  

Whoa, whoa, whoa...the Hawks dont "stink", they're merely lying low in the weeds, preparing to pounce on the those glorious Jack Hughes Sweepstakes.

 

American fans are not much different than Canadian fans.  We're emotional, irritable, irrational and willing to spend our entertainment dollar on things we feel we're getting our monies worth from.  

 

As a Bears, Hawks, Cubs, Bulls fan, I would love to share ticket prices with Jaguars, Hurricanes, Royals, and Bucks fans.  But I dont.  Only because I live in a big city with a big market.  I can only blame geography, not my league's commisioners.

 

(Not grilling you personally, Alf.  I'm more just replying to the entire thread.  Cheers!)

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Let me see,food for the family or hockey tickets,mortgage payment or hockey tickets.

Well I'm sure the milionaire owners will reduce the ticket prices,RIGHT!

THESE ARE THE SAME CORPORATE GREEDY PIGS THAT VOTE LIBERAL AND WHO LIVE OFF THE HARD WORK OF OTHERS.

The ones that have no morals or ethics and are semi-sociopaths for goodness sakes.

 

Family before hockey!

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22 minutes ago, skolozsy2 said:

Whoa, whoa, whoa...the Hawks dont "stink", they're merely lying low in the weeds, preparing to pounce on the those glorious Jack Hughes Sweepstakes.

 

American fans are not much different than Canadian fans.  We're emotional, irritable, irrational and willing to spend our entertainment dollar on things we feel we're getting our monies worth from.  

 

As a Bears, Hawks, Cubs, Bulls fan, I would love to share ticket prices with Jaguars, Hurricanes, Royals, and Bucks fans.  But I dont.  Only because I live in a big city with a big market.  I can only blame geography, not my league's commisioners.

 

(Not grilling you personally, Alf.  I'm more just replying to the entire thread.  Cheers!)

That’s scary.  Scary because I could see that happening, LA too.  It says a lot for parity when a club can go from one side of the spectrum to the other so quickly.  LA not so much given they’ve never really done anything impressive in the regular season, but CHI has winning their second cup going start to finish with one of the best winning percentages ever (albeit a shortened season).   Lying in the weeds indeed.  Toews is quietly having one of his best seasons in years, Crawford is concussed and his future is questionable, Kane continues to put up points...and Debricant isn’t too shabby either.  If they win the lottery I might throw my remote, or barf or both.  

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1 hour ago, Alflives said:

What is the escrow though?  

Nothing compared to their third homes, luxury cars and easy living.  They will survive.  The NHL has grown billions since the lock-out, everyone but the average NHLer has got richer (those guys are getting pushed out early in favour of ELCs and college phenoms), Vaneks stuck around and for pittance compared to his production but that’s the way things are now..

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(To IBatch)

Yeah well, as an American hockey fan, if Edmonton or Toronto wins the lottery again, my remote control is getting tossed as well.  Or how about Ottawa?  

 

Imagine that...McDavid goes to Edmonton, Matthews goes to Toronto, Hughes goes to Ottawa....almost looks like Bettman is actually trying to help the Canadian teams.  See how easy it easy to make a conspiracy?

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35 minutes ago, skolozsy2 said:

(To IBatch)

Yeah well, as an American hockey fan, if Edmonton or Toronto wins the lottery again, my remote control is getting tossed as well.  Or how about Ottawa?  

 

Imagine that...McDavid goes to Edmonton, Matthews goes to Toronto, Hughes goes to Ottawa....almost looks like Bettman is actually trying to help the Canadian teams.  See how easy it easy to make a conspiracy?

Meh, who needs 1st OA... look at Petey!

 

Fully agree on Edm or TO, though.  Especially the greaseballs.

 

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3 hours ago, skolozsy2 said:

That's an EXTREMELY relative reply.  As a Chicago Blackhawks STH, I pay $75 per ticket at a discounted STH price....yet somehow I can look online and buy an Ottawa Senators ticket for $20.

 

So who exactly is supporting who in this scenario?

Unfair comparison for a team with one of the more stable fanbases to be compared to a guy who makes Wirtz look like Floyd Mayweather at a stripclub in comparison.  When the owner isn't willing to spend the money to ice an NHL quality team, why would fans be willing to spend money?  I wouldn't want to be part of the reason Melnyk isn't starving to death if I was an Ottawa fan.

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9 hours ago, morrissex95 said:

The economy isn't tanking.

 

The US unemployment is the lowest it's been in 50 years.

 

Canadian economy is doing pretty well too

That's a little misleading. Depending on how they count employment and unemployment.

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15 hours ago, skolozsy2 said:

Whoa, whoa, whoa...the Hawks dont "stink", they're merely lying low in the weeds, preparing to pounce on the those glorious Jack Hughes Sweepstakes.

 

American fans are not much different than Canadian fans.  We're emotional, irritable, irrational and willing to spend our entertainment dollar on things we feel we're getting our monies worth from.  

 

As a Bears, Hawks, Cubs, Bulls fan, I would love to share ticket prices with Jaguars, Hurricanes, Royals, and Bucks fans.  But I dont.  Only because I live in a big city with a big market.  I can only blame geography, not my league's commisioners.

 

(Not grilling you personally, Alf.  I'm more just replying to the entire thread.  Cheers!)

Chicago is a city that supports its teams. Be it the Bears, Cubs, Bulls, Blackhawks. There are cities in the US that have great support for its teams.

San Jose, Nashville, and yes..(groan) Vegas. But there are teams like Florida, Carolina, Arizona, that lose money. Even New Jersey has been on shaky financial ground.

That's why expansion is a bit of a sham. It provides teams that lose money expansion fees, so it's owners can line the pockets to stem the bleeding. 

Having lots of teams makes a TV contract more lucrative. But long term considerations have to look at teams that fail to find a market. Hockey also needs to find a way to expand it's talent base. Having bigger player base, and finding ways to make the game more affordable, so more kids can get into hockey. Be it trying to improve the CIS.

Or helping establish a true junior system in the US. (Outside of the US cities that are in the CHL). Perhaps even working in communities to get high schools into hockey.

(Having hockey equipment on consignment, getting deals on unsold equipment and skates?)

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16 hours ago, DADDYROCK said:

Let me see,food for the family or hockey tickets,mortgage payment or hockey tickets.

Well I'm sure the milionaire owners will reduce the ticket prices,RIGHT!

THESE ARE THE SAME CORPORATE GREEDY PIGS THAT VOTE LIBERAL AND WHO LIVE OFF THE HARD WORK OF OTHERS.

The ones that have no morals or ethics and are semi-sociopaths for goodness sakes.

 

Family before hockey!

You know who else is big on family? Gangsters and Mobsters. 

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