Predators Suffer From Lack Of Revenues (Mod: Why low payroll?)

Ringmaster

Registered User
Oct 8, 2010
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Santa Monica California
[QUOTE=transcend;35645869]Preventing the NHL from reverting back to a 6-team league, for one.

I can name the teams that don't rely or at least benefit from revenue sharing bonuses on one hand. Toronto, Montreal, Rangers, Minnesota, and that's it. Even Ottawa, Edmonton and Buffalo had to be bailed out at points.


So what? The Oilers were poorly run by a crook in Pocklington (and poor ownership and management by EIG), and the Sabres were run by a crook in Rigas that was last seen taken away in handcuffs. Nashville had another crow bar hotel award winner in Boots. The good owners must be getting sick of handing these types money .

Make no mistake, the next fall the war drums will be loud and clear.[/QUOTE]

i doubt Vancouver has needed any help. You can add Philly has well.
 

Ernie

Registered User
Aug 3, 2004
12,830
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The Predators are actually going to have a lower payroll this season than they did last season. To do that they had to package a good asset in Franson in order to move Lombardi's salary.

Not good signs. Maybe they do break even, but if they are this tight in a year when they made the 2nd round of the playoffs, you have to wonder about ownership's willingness to spend money on the team moving forward. What happens when they inevitably miss the playoffs at some point?
 

tarheelhockey

Offside Review Specialist
Feb 12, 2010
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Bojangles Parking Lot
The Predators are actually going to have a lower payroll this season than they did last season. To do that they had to package a good asset in Franson in order to move Lombardi's salary.

Not good signs. Maybe they do break even, but if they are this tight in a year when they made the 2nd round of the playoffs, you have to wonder about ownership's willingness to spend money on the team moving forward. What happens when they inevitably miss the playoffs at some point?

It's also only the beginning of August. If the team looks like it's going to be a playoff contender again I wouldn't be surprised if they made some acquisitions as a down payment.

Weber has pretty much told them point-blank that they need to bring in more talent if they want him to stay past next year. That's motivation enough.
 

Nashvols

Registered User
Jun 8, 2011
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Nashville
I find it funny how many people have done a complete 180 since the end of the playoffs...

It went from "hey, look at Nashville...they seem to have a successful team and their fan support has made them a viable hockey market" to "Uh oh, they couldn't resign Shea Weber, this must be a sign of money troubles within the organization. Maybe they just can't cut it not being able to spend to the cap..."

Has it ever occurred to some of you that the team's financial situation and the Weber contract negotiations are not necessarily related? Both sides have said money is not the issue. The money issue would be next offseason when we attempt to sign Weber, Suter, Rinne, Kostitsyn, Wilson, Geoffrion, O'Reilly, Bergfors, and Blum. That is much, much, much more of a money crunch than what you are looking at right here and now. I think a lot of the reason Weber didn't sign long term is that right there. He wants to see just how much of that group Nashville retains.
 

Ernie

Registered User
Aug 3, 2004
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To me, the bigger sign of money troubles is not the failure to sign Weber long term, but the Lombardi trade.

Are the owners able to swallow losses of any sort at this point? They've made the playoffs 6 out of the last 7 seasons. If they miss the playoffs 6 out of the next 7 seasons, are they still a viable market?
 

Ernie

Registered User
Aug 3, 2004
12,830
2,276
It's also only the beginning of August. If the team looks like it's going to be a playoff contender again I wouldn't be surprised if they made some acquisitions as a down payment.

Weber has pretty much told them point-blank that they need to bring in more talent if they want him to stay past next year. That's motivation enough.

Easier said than done. Boston, coming off a Stanley Cup win, and in one of the top 5 NHL markets, is sitting on $8m in cap space. Competition for players is going to reach an all time high over the next 12 months.
 

Nashvols

Registered User
Jun 8, 2011
1,726
33
Nashville
To me, the bigger sign of money troubles is not the failure to sign Weber long term, but the Lombardi trade.

Are the owners able to swallow losses of any sort at this point? They've made the playoffs 6 out of the last 7 seasons. If they miss the playoffs 6 out of the next 7 seasons, are they still a viable market?

One, I would say it depends on by how much they miss the playoffs (are they in the race, or are they even trying?).

Two, you could use the "miss the playoffs for 6 or 7 seasons" with a number of the newer teams and there would most certainly be an impact on attendance and the team's bottom line. In short, 7 years of suckage will hurt almost any team and market that isn't very, very established.

(**also, some of the team's success or failure in hard times would probably depend on how the Titans are doing during this stretch. If they are good, then it isn't good for the Preds...if they are mediocre or just as bad, well...it might not hurt as bad as you would think)


As to your point about getting rid of Lombardi...he would be uninsured for us...basically sitting there losing us money. I don't think Poile wanted to gamble with a potential $3 mil loss just sitting there. Same with the Dumont buyout. Yes, Nashville does have a tighter budget than most of the teams...that's why they can't bury their problems the same way a mega market like Toronto or New York can. Wasted money is far more detrimental to us.

Could Lombardi come back and play 60+ games and be a 20 goal scorer next season? Sure! But I doubt it. Even if he plays 40-50 games, he likely won't be 100% and wouldn't be worth the $3 million we would be paying him. Plus, we replaced Lombardi with Fisher...more or less the same style of player (but bigger, not as fast). We already have a ton of centers on the team. I'm not saying there would be no room for Lombardi...but to make room for him, we'd have to probably get rid of another center. Lombardi, Fisher, and Legwand...essentially you have 3 centers playing the same sort of game.

So in a way, you're on the right track that Nashville has to be a lot tighter with its money (i.e., not able to eat as many losses), but I don't think that alone is a reason to think that they can't take care of business. Things are actually a lot better financially now than they were a few years ago. Add in that Calgary billionaire Brett Wilson is planning to buy into the team, and financially we look a bit more solid from the ownership side.

The Predators have raised their season ticket prices and have had an increase in overall paid attendance since the new ownership took over. The management has a clear goal to be a contender...but they're realistic enough to realize that they can't spend to the cap at this point. The owners aren't cheap...but they also aren't willing to take on huge losses just to try to buy a cup. They also realize that we need to sign our star players to keep the team in contention...and making financial moves to free up more money gives us the ability to do just that. If that's what it takes, I'm all for it. Just because the team isn't willing to take huge losses does not mean they are in bad financial shape.
 

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