I spend more than I make-So someone has to reduce gas prices and

Discussion in 'Fugu's Business of Hockey Forum' started by QQQ, Nov 4, 2004.

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  1. QQQ

    QQQ Registered User

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    Chop credit card interest rates.
    Cut my mortgage payment by 33%.
    Then I'll be in the black instead of the red.
    I'd also like a guaranteed cap so the Jones don't have more than me.
    Is there an investment that I can participate in that will guarantee me a large rate of return?
    No... those large rates of return come with HIGH risk of loss. If I'm prudent and invest in savings bonds I'll be guaranteed after 10-20 years to have doubled my money. How boring. I'd rather own a hockey team.
     
  2. dawgbone

    dawgbone Registered User

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    It would have been more interesting if you wrote it in binary:

    01000011 01101000 01101111 01110000 00100000 01100011 01110010 01100101 01100100 01101001 01110100 00100000 01100011 01100001 01110010 01100100 00100000 01101001 01101110 01110100 01100101 01110010 01100101 01110011 01110100 00100000 01110010 01100001 01110100 01100101 01110011 00101110 00001101 00001010 01000011 01110101 01110100 00100000 01101101 01111001 00100000 01101101 01101111 01110010 01110100 01100111 01100001 01100111 01100101 00100000 01110000 01100001 01111001 01101101 01100101 01101110 01110100 00100000 01100010 01111001 00100000 00110011 00110011 00100101 00101110 00001101 00001010 01010100 01101000 01100101 01101110 00100000 01001001 00100111 01101100 01101100 00100000 01100010 01100101 00100000 01101001 01101110 00100000 01110100 01101000 01100101 00100000 01100010 01101100 01100001 01100011 01101011 00100000 01101001 01101110 01110011 01110100 01100101 01100001 01100100 00100000 01101111 01100110 00100000 01110100 01101000 01100101 00100000 01110010 01100101 01100100 00101110 00100000 00001101 00001010 01001001 00100111 01100100 00100000 01100001 01101100 01110011 01101111 00100000 01101100 01101001 01101011 01100101 00100000 01100001 00100000 01100111 01110101 01100001 01110010 01100001 01101110 01110100 01100101 01100101 01100100 00100000 01100011 01100001 01110000 00100000 01110011 01101111 00100000 01110100 01101000 01100101 00100000 01001010 01101111 01101110 01100101 01110011 00100000 01100100 01101111 01101110 00100111 01110100 00100000 01101000 01100001 01110110 01100101 00100000 01101101 01101111 01110010 01100101 00100000 01110100 01101000 01100001 01101110 00100000 01101101 01100101 00101110 00001101 00001010 01001001 01110011 00100000 01110100 01101000 01100101 01110010 01100101 00100000 01100001 01101110 00100000 01101001 01101110 01110110 01100101 01110011 01110100 01101101 01100101 01101110 01110100 00100000 01110100 01101000 01100001 01110100 00100000 01001001 00100000 01100011 01100001 01101110 00100000 01110000 01100001 01110010 01110100 01101001 01100011 01101001 01110000 01100001 01110100 01100101 00100000 01101001 01101110 00100000 01110100 01101000 01100001 01110100 00100000 01110111 01101001 01101100 01101100 00100000 01100111 01110101 01100001 01110010 01100001 01101110 01110100 01100101 01100101 00100000 01101101 01100101 00100000 01100001 00100000 01101100 01100001 01110010 01100111 01100101 00100000 01110010 01100001 01110100 01100101 00100000 01101111 01100110 00100000 01110010 01100101 01110100 01110101 01110010 01101110 00111111 00100000 00001101 00001010 01001110 01101111 00101110 00101110 00101110 00100000 01110100 01101000 01101111 01110011 01100101 00100000 01101100 01100001 01110010 01100111 01100101 00100000 01110010 01100001 01110100 01100101 01110011 00100000 01101111 01100110 00100000 01110010 01100101 01110100 01110101 01110010 01101110 00100000 01100011 01101111 01101101 01100101 00100000 01110111 01101001 01110100 01101000 00100000 01001000 01001001 01000111 01001000 00100000 01110010 01101001 01110011 01101011 00100000 01101111 01100110 00100000 01101100 01101111 01110011 01110011 00101110 00100000 01001001 01100110 00100000 01001001 00100111 01101101 00100000 01110000 01110010 01110101 01100100 01100101 01101110 01110100 00100000 01100001 01101110 01100100 00100000 01101001 01101110 01110110 01100101 01110011 01110100 00100000 01101001 01101110 00100000 01110011 01100001 01110110 01101001 01101110 01100111 01110011 00100000 01100010 01101111 01101110 01100100 01110011 00100000 01001001 00100111 01101100 01101100 00100000 01100010 01100101 00100000 01100111 01110101 01100001 01110010 01100001 01101110 01110100 01100101 01100101 01100100 00100000 01100001 01100110 01110100 01100101 01110010 00100000 00110001 00110000 00101101 00110010 00110000 00100000 01111001 01100101 01100001 01110010 01110011 00100000 01110100 01101111 00100000 01101000 01100001 01110110 01100101 00100000 01100100 01101111 01110101 01100010 01101100 01100101 01100100 00100000 01101101 01111001 00100000 01101101 01101111 01101110 01100101 01111001 00101110 00100000 01001000 01101111 01110111 00100000 01100010 01101111 01110010 01101001 01101110 01100111 00101110 00100000 01001001 00100111 01100100 00100000 01110010 01100001 01110100 01101000 01100101 01110010 00100000 01101111 01110111 01101110 00100000 01100001 00100000 01101000 01101111 01100011 01101011 01100101 01111001 00100000 01110100 01100101 01100001 01101101 00101110

    hehehe... I'm getting a kick out of doing this!
     
  3. mooseOAK*

    mooseOAK* Guest

    What you forgot is that the owners have arbitrators spending money for them, kind of like if someone stole your credit card and started spending money for you. That, I assume, you would want something done about.
     
  4. Slats432

    Slats432 Registered User

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    I think you finally lost it dawg....

    As for the first post....try...

    I live in a town of 50 000 people and we have to pay our doctors 200K a year because if we don't they will all move to Toronto and we will all die.
     
  5. shveik

    shveik Registered User

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    Actually, arbitrators do not have the power to "buy" players for the owners. Their power is to reach a value that is then used as a take it or leave it offer. There is always an option to refuse the contract if it is too big.
     
  6. dawgbone

    dawgbone Registered User

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    Of course... then another team will gladly pay it.
     
  7. shveik

    shveik Registered User

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    Hehe.

    Nice way to poke holes in that strange "the owners risk their money so they deserve a guaranteed high return on it" argument.
     
  8. bling

    bling Registered User

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    Then another team can whine about being forced to spend money...LOL
    What part of "free will" are you unable to grasp?
     
  9. Beukeboom Fan

    Beukeboom Fan Registered User

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    How about - the owners lose their arse, so they shut the league down! I don't think the owners are asking for a guaranteed rate of return on their investment.

    This is just my $.02, but I believe Leavitt when he said that as a whole, the league is lost approx $270M last year. Think of it like this - by not playing this year, the owners will probably lose substantially less money than they did last year. The players are out $1.5B. They're never going to get that money back.

    While sports leagues are big business, they are not individual businesses in the traditional sense. If the Rangers (or the Leafs) force 10 teams out of business, they don't get a larger share of the market and "win". This isn't Coke taking market share from Pepsi and "winning", or Quizno's beating up on McDonald's.
     
  10. Superfluous U

    Superfluous U Registered User

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    Dawgbone, please tell me you have a translator program or website converting that for you, because if you're manually converting people's comments into binary ASCII for fun, I'm going to have to call an asylum to come and get you.

    Also, could you tell me how you're doing it? It would make my life a little easier if I didn't need to look up tables to do my homework this weekend.
     
  11. mooseOAK*

    mooseOAK* Guest

    And you would hate the owners of your team if they did that.
     
  12. shveik

    shveik Registered User

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    I would only hate them if they had the money, and were not willing to pay the market value. If they did not have the money, or the award was too high, I would be just fine ;)
     
  13. Amen evil king

    Amen evil king Registered User

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    Free will is all an illusion, my friend.. ;)

    :innocent:
     
  14. SuperUnknown

    SuperUnknown Registered User

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    Big difference being that hockey is not essential. On the long run, if hockey stops being a national sport now, nobody will care in 10-20 years, even in Canada. Something else will replace it.
     
  15. Tom_Benjamin

    Tom_Benjamin Registered User

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    Sure, they do. With ten fewer teams the Rangers and Leafs would have a substantially better chance to win. They would not make any less in any of the revenue streams. They need opponents, but they don't need 28 opponents.

    Driving other teams out of business is a better strategy than sharing revenue with them.

    Tom
     
  16. djhn579

    djhn579 Registered User

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    And you can only walk away from 3 awards every 2 years, or something like that...
     
  17. SuperUnknown

    SuperUnknown Registered User

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    But if they don't cover most markets in America, they can't have a national tv deal. At this point, that's where further money lies, so they're still stuck with 10 less teams.
     
  18. Tom_Benjamin

    Tom_Benjamin Registered User

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    Yoohoo! They aren't getting a national TV deal that's worth anything anyway! They probably never will! The best chance at a big deal? Make sure Chicago, Los Angeles, New York and Toronto have the best teams every year. Otherwise there are no ratings to be had. No ratings, no big TV deal. As if a national package depends on Edmonton, Carolina, and Florida.

    Further money for the Rangers lies in a playoff spot. Eliminate ten teams and their playoff chances zoom.

    Tom
     
  19. dawgbone

    dawgbone Registered User

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    What do you think the CBC pays for a TV deal? Judging by the fact that they show a fair amount of Oiler games in that 10:00 time slot, leads me to beleive that the Oilers are a popular ratings draw in that time slot. The local Canadian deals probably aren't anything to scoff at.

    The NFL has a fantastic deal, but there is no team in LA, the Giants don't do anything, and the Bears have had one winning season in the past 7 years.

    A National TV deal in the States means they need fans across the Nation. The only way to do it is too have an interest in Hockey across the nation, and teams in those major areas, like the NFL, MLB and NBA has.
     
  20. PecaFan

    PecaFan Registered User

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    You spend more than you make?

    A wise course of action then would be to attempt to lower your expenses, before you go out of business. After all, you can only stay in the red so long.

    You might want to concentrate on something you actually have control over, as opposed to credit card rates, etc.

    Like say, your employees salaries.
     
  21. QQQ

    QQQ Registered User

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    I could also lower expenses by buying a cheaper house and developing it's potential. It takes a little longer and more work than buying the best on the block.
     
  22. SuperUnknown

    SuperUnknown Registered User

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    In this case, there are just 30 houses, and you'd go bankrupt with any of them. :dunno:
     
  23. Prof_it

    Prof_it Registered User

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    I agree that in order for a large TV deal there needs to be more interest across the US...but most seem to believe in 'if you build it they will come'. It takes decades to build legitimate interest in a sport and change a culture to not only care about last night's scores but to live/breathe the sport.

    The NHL is a long way from gaining any significant following in the States to justify a large TV deal. Perhaps it would be better for the league to think longterm about the States and refocus its strategy in more traditional markets.
     
  24. triggrman

    triggrman Registered User

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    Then why did they vote in favor of expansion? Is the revenue of expansion fees not shared?
     
  25. triggrman

    triggrman Registered User

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    Yes but every time you put something into it, they raise your taxes so you can no longer afford that new deck you built, but the Jones can so they come take it down and move it to there house, now you have a house with no deck at all and our forced to start to rebuild it from ground up again. Next they take your furniture, then, the appliances. Everytime you get something nicer than theirs they're going to come in and take it away becuase you simply cannot afford it.
     
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