Lanny MacDonald*
Guest
Egil said:The best NHL offer wasn't the one made at the end of the process, but the linked deal with profit sharing (a couple weeks earlier). I have heard NOTHING about profit sharing being in this deal, and if it is not in the deal, then the PA most definately turned down the best deal they were going to get.
You hit the nail right on the head. The NHLPA cut off their own nose to spite their face. With profit sharing the NHLPA had the opportunity to share control over franchises as they would be equal partners in profits over a certain level ($115M). They could have brought in efficiency experts to make each franchise run a little cleaner and a lot leaner, shedding millions of wasted revenues, and easily creating an enviornment where they could make boatloads of money. As well, if they had assisted in the expansion of the interest level in the game, and got a big TV contract in any form, they would have set themselevs up for 50% of that number. They were exceptionally myopic in their approach and it has come back to bite them in the ass. Their leadership let them down.