The NHL players need a reality check...I think - Page 12 - Fantasy Sports Forums

Bomm Bastic · #**111** 12-12-2012, 01:37 PM

Quote:

Originally Posted by eyemissgilmour

Instead of addressing the problem of rapidly rising player salaries (a concept I support, and why I'm pro-owner).

Do you see the inherent irony in that statement?

Carcillo · #**112** 12-12-2012, 01:38 PM

Quote:

Originally Posted by Bomm Bastic

They're logged in different books and are not considered HRR, nor are luxury suites. but they do indeed go into the owners pocket.

Concerts and all events within the arenas too.

I haven't studied the definition of HRR but I'm pretty sure things like merchadise and parking (during NHL games) are counted on HRR and don't go into different books. Owners may get to do some reductions from them but that's not 100% money that goes into owner's pockets but is divided amongst the owners and players.

Money from concerts and all non-hockey events in the arenas should go into the owners pockets and only in their pockets. I don't see why players would deserve to get a piece of that pie. Owners should have the right to make money through other means as well. Not like Crosby etc. have to give any of their endorsement money to owners either but they're free to try and get as much money as they can get. So I don't see the purpose of this point. Obviously owners get money through other means of business but that's their right. The hockey team itself should be profitable regardless of how much money the owners get from elsewhere.

Bomm Bastic · #**113** 12-12-2012, 01:42 PM

Quote:

Originally Posted by Carcillo

I haven't studied the definition of HRR but I'm pretty sure things like merchadise and parking (during NHL games) are counted on HRR and don't go into different books.

Oh...did not know that. I assumed (shame on me) HRR was based on general seating tix sales, and NHL merchandise (jerseys...anything sporting a copyrighted logo)

Carcillo · #**114** 12-12-2012, 01:55 PM

Quote:

Originally Posted by Bomm Bastic

Oh...did not know that. I assumed (shame on me) HRR was based on general seating tix sales, and NHL merchandise (jerseys...anything sporting a copyrighted logo)

There's a lot of things that go into that HRR pool. Here's one article trying to explain the issue of HRR:

http://www.cbc.ca/sports/hockey/opin...d-revenue.html

You mentioned luxury boxes earlier. Well it's not something that goes into owners' pockets as such according to that article:

Quote:

As mentioned, teams are supremely annoyed because they can't deduct any costs from luxury box revenues. But the NHLPA isn't thrilled either because it doesn't feel players get enough of the earnings.
Almost all of the NHL's teams own their arena or are paid to manage it (eg. Nashville Predators). "One-team" arenas (ie. no NBA tenant) must allocate 65 per cent of luxury suite revenue towards HRR. "Two-team" arenas (eg. Air Canada Centre) are at 32.5 per cent. So even though teams like Montreal -- and we're using the Canadiens for a specific reason -- can't deduct costs, 35 per cent of their suite cash can't be touched.

So the owners get directly some of that revenue to their pockets but they also can't reduct any of the costs so I doubt it's really a that big of a cash cow for all NHL teams.

Loch · #**115** 12-12-2012, 01:59 PM

For what was (or wasn't) counted as HRR in the last CBA see this site: http://www.nhlfa.com/CBA/2005-CBA.pdf
Start at page 180 (in the PDF numbering, the actual number on the page is 161)

Bomm Bastic · #**116** 12-12-2012, 02:01 PM

Quote:

Originally Posted by Carcillo

There's a lot of things that go into that HRR pool. Here's one article trying to explain the issue of HRR:

http://www.cbc.ca/sports/hockey/opin...d-revenue.html

You mentioned luxury boxes earlier. Well it's not something that goes into owners' pockets as such according to that article:

So the owners get directly some of that revenue to their pockets but they also can't reduct any of the costs so I doubt it's really a that big of a cash cow for all NHL teams.

Yes...you're correct in that it's a percentage, absolutely. An oversight on my part (I knew that too). Same with food vendors (unless you own one like Jacobs) I just meant that the owners do recoup revenue from these sources...albeit not 100%.

I didn't mean to imply that....sorry.

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