Jim McKenzie on the lockout

Discussion in 'Fugu's Business of Hockey Forum' started by nomorekids, Sep 26, 2004.

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  1. nomorekids

    nomorekids The original, baby

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  2. Biggest Canuck Fan

    Biggest Canuck Fan BCF

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    I think he makes a good point. Just make the tax have more bite.
     
  3. CREW99AW

    CREW99AW Registered User

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    I don't want just a tax.Major League Baseball thought a luxury tax would reign in the big spenders,spread the $ around,keep salaries down.Yankee payroll is up around $186m.One Hundred and eighty-six million dollars :shakehead

    Yeah a luxury tax has really kept baseball salaries down.
     
  4. quat

    quat winsome, loathsome

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    Also, how are the teams with less revenue going to keep their star players? Restricted free agents will just go to arbitration and as the salaries continue to go up they simply won't be able to pay salary at that level. Sure the bottom of the league may get a couple of million here and there, but how will that pay for a player or two at 6 million plus?

    Plus, it's always nice to be free and easy with other peoples money isn't it? Yeah! That's bargaining.
     
  5. Motown Beatdown

    Motown Beatdown Need a slump buster

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    The problem is MLB luxury tax is a weak tax system. When the tax number starts at 120 million and it's only a 17% tax it doesn't do much effect. If MLB set the number at 80 million and a 100% tax you can bet payrolls would come down.
     
  6. Guest

    Guest Registered User

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    I'd prefer a very hefty luxury tax with the proceeds going towards all teams under the cap equally rather than a hard cap. The luxury tax would have to be at least dollar for dollar, if not much more, and the threshold can't be that high either. It doesn't solve the whole equation, but it's an alternative that the owners should be presented with by the PA. Of course, I'm not so sure that the PA would propose a hefty luxury tax either, because it would create a drag on spending for the teams who obviously have the tendency to spend the most.
     
  7. Jason MacIsaac

    Jason MacIsaac Registered User

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    Baseball is in a different category. You can buy teams in baseball where chemistry isn't all that important. In hockey if you have a powerfull tax most teams would shy away from that not wanting to take a chance like the Rags did. Chemistry is everything in hockey.
     
  8. oilers_guy_eddie

    oilers_guy_eddie Playoffs? PLAYOFFS!?

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    Jim's been punched in the head too many times if he thinks the NHLPA's proposal does anything to help the Predators compete. Under the NHLPA's last proposal, 7 teams would pay tax, raising a grand total of (wait for it) $9.77 million league-wide. Whoa. Divide that among the other 23 teams, and it gives each team a whopping $424,782. That doesn't even pay for ... Jim McKenzie.
     
  9. Dave is a killer

    Dave is a killer Dave's a Mess

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    exactly...that's why I try NOT to read the Titanseean...eeerrr Tennessean.

    :shakehead
     
  10. nomorekids

    nomorekids The original, baby

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    Jim said it, not David Climer or Joe Biddle or even John Glennon. I think a luxury tax could work if the threshold was lowered to say...35-40 million, as the league ORIGINALLY proposed. I don't see a cap ever coming about, but I do think a luxury tax in that neighborhood would be a good system.
     
  11. Vlad The Impaler

    Vlad The Impaler Registered User

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  12. nomorekids

    nomorekids The original, baby

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    Well, unless Craig Leipold is lying, the loss wasn't too bad,

    "nothing we can't handle," but he(and I) worry about what things could BECOME.
     
  13. Vlad The Impaler

    Vlad The Impaler Registered User

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    Thanks.

    I must admit I am a bit surprised at losses despite a little playoof hockey and a rather modest payroll. They certainly need to make adjustment because it is true, it could become a problem later down the road.

    No amount of capping can help in such a case. A luxury tax could help but even then... it's pretty tough to maintain such a small payroll.
     
  14. nomorekids

    nomorekids The original, baby

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    If i'm not mistaken, the Flames had only a slightly higher payroll and a great deal of playoff success, and only made a pretty small amount of money. Nashville's case was largely due to the fact that in the early part of the season..when the team was doing pretty mediocre, attendance dipped about as low as it ever got. When they say losses, the number I read was about 3 million...and Leipold\Poile seem to believe that's the kind of thing that's going to work out. We'll see, though.
     
  15. Vlad The Impaler

    Vlad The Impaler Registered User

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    Yeah, I'd like to see the numbers for all teams, see if a luxury tax is desperately needed for several markets.

    I must admit by memory I don't pay too much attention to the different $ figures in the NHL (total salary masses, attendances, profits, losses) too often. If you find the Flames figures, throw them my way.

    One thing I remember is they had to solve that unbelievably dumb situation with Roman Tur-hack. Just one buyout on a stupid contract can set you back. The Flames have made some slight mistakes like that under the former regime. However they went pretty so deep in the playoffs, you'd think they would be profitable.

    The thing with the Preds is that I have always heard they were more of a model franchise financially.The NHL has to work for teams who are spending smartly or we have a problem. Personally, I like luxury taxes mixed with some sort of soft cap. There are many ways to make things work but it has to work for everybody.
     
  16. nomorekids

    nomorekids The original, baby

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    agreed. it's that mindset that allows me to grin and bear it through a lockout, and would like to see positive results, regardless of the time it takes to get them.
     
  17. looooob

    looooob Registered User

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    actually I think the Flames made a 'decent' profit this year (12 home playoff dates doesn't hurt)...but the profit didn't go far, given 7 previous years of non playoff hockey etc...I guess I should try and find the actual profit figure so I end up sounding like I know something
     
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