HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Manitoba & Saskatchewan


 

 
Thread Tools Display Modes
     
     
Prev Previous Post   Next Post Next
     
     
  #10  
Old Posted Nov 20, 2008, 1:32 PM
Stephen LaRose Stephen LaRose is offline
Registered User
 
Join Date: Dec 2007
Posts: 58
Quote:
Originally Posted by Wigglez View Post
Just saw this on TSN, cant be good news for Winnipeg's hopes



HABS BOSS SAYS WEAK DOLLAR THREATENS CANADIAN CLUBS

MONTREAL - Montreal Canadiens president Pierre Boivin fears that the sagging loonie could send Canadian NHL teams spiralling back into the dark economic days that preceded the lockout.

Boivin says the league's six Canadian clubs are thriving at the gate and bring in more than a third of the total revenue for the 30-team NHL.

But he identified the tumbling dollar as one of three threats to the continued viability of Canadian clubs.

He also says the NHL's post-lockout revenue-sharing deal to prop up weaker U.S. teams has also left Canadian organizations at the mercy of the dollar's performance.

The Habs' president says Canadian teams each lost tens of millions of dollars in the years before the NHL lockout, a period when they had difficulty piecing together competitive squads.

The NHL lost the 2004-05 season to a labour dispute before the players and owners signed a new collective bargaining agreement, which included a salary cap.

Boivin says the three-year-old salary cap is a better system but it still has aspects that are ''not working well.''

He says he doubts the players and owners will sit down at the negotiating table for about two years, just before the existing agreement expires.

Source
The sliding US economy is going to do more to ruin the NHL in the States than the sliding Canadian dollar will in Canada.
Reply With Quote
     
     
End
 
 
 

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Manitoba & Saskatchewan
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 10:51 PM.

     
SkyscraperPage.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.