So it’s Friday August 24, 2012 & we are now T-Minus 22 days until NHL commisioner Gary Bettman’s imposed lockout date on the NHLPA & both sides met for a whopping 3hrs this past week….I think the cricket is dead ?
Since my work routine for today is pretty much playing itself out I decided to put pencil to paper & figure out how much money has been dished out since the 2005 lockout. The numbers are massive so I put it together on an excel spreadsheet which I must forewarn you, is not pretty. Using Forbes.com I categorized what info I thought was important when it comes to CBA, being Revenues, & Operating Income
A few things that grab my attention here;
Could the Oilers have sold THAT many jerseys in 2011 to more than double their income from the previous year not to mention they have amassed 38million dollars more than Ottawa & Calgary COMBINED since the lock-out. With this much operating income, are they still a small market team?
Columbus is locked into that arena deal until 2039…YIKES!
Winnipeg isnt that better off than they were in Atlanta, on average, but is only 1 yr, right?
Phoenix HAS TO MOVE out of Glendale.
Makes me wonder what some of the owners put all of their share of the team revenues towards.
The numbers speak for themselves & don’t ask me what it really all means other than over 16 BILLION dollars in revenue has been amassed along with operating incomes close to 900 MILLION since 2005. If there was 16 BILLION dollars in revenues brought in since 2005, does this mean that the PA took in close to 9.3Billion of that with the owners getting 7.0Billion? Does it also mean that after all the bills were paid there was roughly 900million in operating income combined between the 30 teams over the last 6yrs ending 2011?
403million of that was generated by the Leafs alone while our Oilers were 6th in the league with 67million & the poor Phoenix Coyotes bled more than 90million dollars worth of red ink since the last lock-out. In that period of time 16 teams made money, 14 teams lost. Seems to me there’s a LOT of money to be shared here as much as there’s a likelyhood that this will be drawn out for awhile before a new agreement is reached & the owners, will get closer to what they want in the end then what the players have now.
Everybody’s workin for the weekend…except me.
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