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Entries Tagged as 'ECONOMICS - NHL, NBA, NFL, MLB'

NHL, NBA, MLB: REVENUE SHARING

December 30th, 2010 · No Comments

The NHL, NBA, and MLB all have revenue sharing: all three differ dramatically.
Revenue sharing is, of course, a concept based on the premise that a league is as good as its weakest link. Therefore, the strong franchises should help the weak. This is true of economics, as well as talent, but to different degrees in [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

BETTMAN'S PAY RAISE

December 30th, 2010 · No Comments

Bettman pointed to the league’s season ticket renewal rate, which at 83 percent is above this time last year, as a sign of the league’s health. He said he expects season ticket sales for the coming year to be “at least at high as last year’s levels.”
Game seven of the Stanley Cup Final captured the [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

NAIVE PLAYERS

December 30th, 2010 · No Comments

ORIGINAL PARTNERSHIP-BETTER OR FOR WORST-
I know for the players, escrow is a big thing. Basketball, they have a cap on their escrow where they’re only losing 10 percent of their salaries. Last year, it ended up being close to 15-18 percent of our salaries. This year with the economy and sponsorships, it might even be [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

DEMITRA AND ROBERT LANG

December 20th, 2010 · No Comments

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

TAMPA BAY

December 17th, 2010 · No Comments

OK Hockey’s $200M acquisition of the team, the St. Pete Times Forum and 5 1/2 adjacent acres of land from Palace Sports & Entertainment
http://www.tampabay.com/blogs/lightning/content/forbes-says-tampa-bay-lightning-worth-191-million-18th-league
The Tampa Bay Lightning is worth less than what owner OK Hockey paid for it, Forbes magazine estimates. Forbes estimates the franchise’s value at $191 million, 18th in the 30-team league. The [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

HOCKEY SALARIES OUT OF CONTROL

January 7th, 2010 · No Comments

by Ron Spence
Hockey salaries were out of control, prior to the NHL lockout, and the resulting agreement.
During that time, four players were earning $11 million plus per season – not counting Sakic and Fedorov, who had higher front-loaded contracts.
They were: Mario Lemieux, Peter Forsberg, Keith Tkachuk, and Jaromir Jagr (three seasons).
Name the highest [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

HOCKEY SALARIES: 1987 1988 1989 1990

December 10th, 2009 · No Comments

by Ron Spence
When Bob Goodenough took over the NHLPA in February, 1990, he introduced salary disclosure. It’s something that’s taken for granted today.
How important was it?
Wayne Greztky’s father, Walter admitted to Terry Jones: “I knew Wayne was getting traded days before he did because Nelson Skalbania phoned me and asked, ‘How much does Wayne make?’ [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

OF JOCKS AND HEAD HARNESSES

November 26th, 2009 · No Comments

Baseball’s first head gear was introduced in the early 20th Century.
Inventor Frank Mogridge designed an inflatable boxing glove-looking thing in 1905. The A.J. Reach Company of Philadelphia sold it for $5.
Hall of Famer Roger Bresnahan experimented with “head harnesses” and developed a leather batting helmet in 1908.
Necessity was the mother of invention, as he had [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB

THE NHL: NOT PROTECTING ITS ASSETS

November 16th, 2009 · No Comments

by Ron Spence
Do NHL owners patch the roofs of their arenas?
Do they fix their ice making plants when they break down?

Of course they do. It’s good business to keep their assets in top shape.
This is true of any business.

And the NHL is big business. The combined values of the 30 teams is nearly $6.7 billion [...]

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Tags: Canucks · ECONOMICS - NHL, NBA, NFL, MLB

REVAMPING THE NHLPA

October 14th, 2009 · 1 Comment

by Ron Spence
Alexander Ovechkin is earning $9,000,000 this season.
This is in contrast to a number of NHLers who are earning the league’s minimum salary – $500,000.
All of the 715 players listed by nhlnumbers.com can afford a cell phone.

And yet, the NHLPA has difficulty electronically assembling their membership to vote – or discuss problems.
This is just [...]

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Tags: ECONOMICS - NHL, NBA, NFL, MLB