mooseOAK*
Guest
The Messenger said:Judging by your response you are clearly not an accountant .. If the NHL wants to implement its CBA and base it on its Financial figures then the burden of proof is in their hands to prove the figures are correct .. The NHLPA will simply file a claim disputing the Levitt report and say we did an independent review of 4 teams books and our findings and results are different. At which time the court will order its own audit and we move forward.
The bigger problem is the system in which its reported .. The Owners have their books closed and own many Companies at the same time .. An simple accountant can make a entry in the books one day when the NHLPA is reviewing the books and then the next day transfer Costs or Expense or Revenue to a connected company .. The NHLPA would have to review the book every day ..
I think the Court case will rule that all revenue collected by the 30 independent NHL terms must be reported to and information stored by a 3rd Party Accounting Firm .. So that at any time the NHLPA or NHL can request that info to determine if the future Cap and Revenue in this quarter or year is going up or down .. This is the only way to guarantee trust and accuracy .. The NHLPA will never tie itself to the honour of the 30 owners telling them what the figures are and they are not in the accounting business to constantly have to be concerned if Revenue is being reported correctly, as it effects their livelihood and wages ..
You either have to have a CBA with Un-linked Hard Cap not based on Revenue figures and linkage .. for the owners reporting of revenue to not be an issue. The minute the NHL wants linkage a 3rd party has to be involved for the protection on both sides .. and if the NHL owners are reporting correctly then they would have no problem with a 3rd party maintaining the ACTUAL LEAGUE REVENUE...
Let's carry this lack of trust thing to the next level then.
As an owner if that was the case then I would want a 3rd party audit of how my player who I am spending my money on works out, his lifestyle, maybe drug testing. After all if I have to account for every penny I spend then I am going to want to make sure that whoever I am spending my money on is living up to his end of the bargain too. I want him working out all summer and maintaining top fitness and he will have to report for regular physicals just to make sure. I want a personal written guarantee that he will do all these things and play to his utmost ability every game or I get a salary rebate