gc2005 said:You run in to some level of uncertainty when you budget for absolutely any company. Otherwise it wouldn't be called budgeting, it would be reading the future.
For hockey teams, you would have to look at different possible scenarios -- make the playoffs, don't make the playoffs, make the finals, etc. Use probabilities or pick the most likely scenario (i.e. Leafs -- make playoffs, win one round) and be aware of the risks if you don't do as well as you thought. Also leave room in your budget to cover a reasonable amount of injuries, and acquisitions during the year, if need be.
Budgeting is not a smokescreen. It can be done. Not an exact science, but still, you should be able to create a budget and stick to it. If you still lose money that way, your first worry should be why your team didn't do as well as you thought it would.
Thunderstruck said:The "just stick to a budget" stance has been repudiated so many times it isn't even worth the response. PA apologists love to ignore the inflationary effect of market disparity and the fact that linkage is in reality the NHL's attempt at setting a league wide budget and then "just sticking to that budget".
Of course the apologists will come back with "revenue sharing" to eliminate the disparity, but shockingly never call for 100% "salary sharing" to make sure each player gets an equal share.
Funny how they are willing to take the top earning owners money and give it to the disadvantaged owners, yet aren't willing to take the top earning players money and give it to the disadvantaged players.
The NHL is willing to give a fair % of the overall reveues to the PA. How they get the money to the PA is their business, as it is also the PA's business how they distribute that share amoungst the members.
Revenue sharing is nothing more than an attempt to increase the PA's share of the revenue pie.
mudcrutch79 said:I have, believe it or not, and I've come to the conclusion that the vast majority of those hating on the PA for this situation are idiots. I'd be really interested to see the average age/education level for people who are hardcore owner supporters vs. those who are more moderate/leaning PA.
Greschner4 said:Nowhere near the amount of uncertainty as in sports. That's the problem.