Chelios said:
Or minimizing loss.
We are not saying that ticket prices and salaries have a perect and direct correlation, but anyone with any type of common sense would agree that there is a loose relationship between player salaries and ticket prices (except for Bobby boy who says there is absolutely no relationship at all). I am actually surprised how people can try to defend the pathetic spectacle Goodenow put on this evening.
I'm on the owners side, but ticket prices and players salaries have nothing to do with each other. Ask any Owner if they are going to commit to lowering ticket prices when they get the deal they want and I bet not one will do so.
It is simple. There is a price that people are willing to pay to watch the average game. If owners charge more they lose customers, if they charge less they have a surplus of demand and could be charging more.
Very simple! This does not change as players salaries change, because this is a business and they are always trying to make as much as possible, or in some cases lose as little as possible.
You may percive a change when your teem brings in a Jagr and pays him a lot more, because the owners simply anticipate that people are willing to pay more to see their big star so they may decide to raise prices. Similarly, if their stars (and high wages) leave, they may drop prices to keep fans coming.