Sabres Owner holding out hope for the season

Discussion in 'The Business of Hockey' started by Buffaloed, Jan 16, 2005.

Thread Status:
Not open for further replies.
  1. Buffaloed

    Buffaloed webmaster

    Joined:
    Feb 27, 2002
    Messages:
    27,362
    Likes Received:
    1,999
    Trophy Points:
    232
    Location:
    Buffalo
    Tom Golisano still has a "shred of optimism" according to the article.
    http://www.buffalonews.com/editorial/20050116/1037167.asp

    It's his only interview since the lockout and he carefully avoided discussing anything that could draw a fine. You can read into the quotes below what you want. My interpretation is he wouldn't be opposed to a CBA that combined elements of the NHLPA's luxury tax proposal and the NHL's cap proposal. A luxury tax system within a hard cap might be acceptable. For example:

    $30 million: soft cap
    $30-40 million: 20% luxury tax
    $40-50 million: 50% luxury tax
    $50 million: hard cap, no team can exceed this



     
  2. Peter

    Peter Registered User

    Joined:
    Mar 1, 2002
    Messages:
    3,680
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Alberta
    Home Page:
    What I find MORE interesting is the fact he said that the dates of Jan 15-20th are close to the point of no return for this season.
     
  3. txomisc

    txomisc Registered User

    Joined:
    Mar 18, 2002
    Messages:
    8,238
    Likes Received:
    13
    Trophy Points:
    141
    Occupation:
    self-employed
    Location:
    California
    Home Page:
    make those percentages a bit higher and i think youd see the owners agree rather quickly..the players are so opposed to that hard cap tho that its moot
     
  4. jpsharkfan

    jpsharkfan Registered User

    Joined:
    Jun 10, 2004
    Messages:
    742
    Likes Received:
    0
    Trophy Points:
    0
    That does not surprise me at all. I figure we know one way or another by the end of this week.
     
  5. Charge_Seven

    Charge_Seven Registered User

    Joined:
    Aug 12, 2003
    Messages:
    4,631
    Likes Received:
    0
    Trophy Points:
    0
    I disagree...mayber its because I'm Friggin Intoxicated beyond belief, or maybe it's just the Leafs optimism in me, I think that the NHLPA would accept a hardcap of somewhere around 50-55 million.

    sorry to all who read this...I am drunk.
     
  6. misterjaggers

    misterjaggers Registered User

    Joined:
    Sep 7, 2003
    Messages:
    14,284
    Likes Received:
    0
    Trophy Points:
    0
    Occupation:
    Grad student
    Location:
    The Duke City
    That's not how I'd interpret it. He responded with little more than a "no comment" on this point.
     
  7. Buffaloed

    Buffaloed webmaster

    Joined:
    Feb 27, 2002
    Messages:
    27,362
    Likes Received:
    1,999
    Trophy Points:
    232
    Location:
    Buffalo
    It's more like a hard cap with a soft spot because luxury tax revenues are to be split between the NHL and the players. A players earnings would be his salary plus his portion of the luxury tax distribution as determined by the NHLPA. If they split it 50:50 there's a nice bonus in there for the players. The cap would also be adjusted every year depending on total league revenues.
     
  8. thinkwild

    thinkwild Veni Vidi Toga

    Joined:
    Jul 29, 2003
    Messages:
    8,845
    Likes Received:
    147
    Trophy Points:
    111
    Location:
    Ottawa
    Splitting the luxury tax revenue eh. An interesting concept. Given there will be change, it sounds like something that could broker a compromise. Hopefully we hear something creative soon.
     
Thread Status:
Not open for further replies.

Share This Page

monitoring_string = "358c248ada348a047a4b9bb27a146148"