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Originally Posted by swordo84
Pretty apathetic towards hockey (and all sports) coming back right now. I really don't like that they'll be taking all those tests out of the supply line from those who *actually* need them. I also don't understand their plan - why would you interfere with next season too? Shut it down, call it a year and hope to start fresh sometime in the fall.
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So “the hockey guy” on YouTube does a better job at explaining this than I will, but the NHL can’t afford to just shut it down this year. The US market would take too large of a financial hit that it might not come back or take a decade to get on the major networks again like it did after the 2005 lockout.
Basically, we are talking billions of dollars of lost money from US tv deals if the games don’t air. The NHL would owe or not get paid that money. This would create serious escrow issues for the player’s contracts too, I have seen some numbers coming out as high as almost %40 of their contracts. In addition, the NHL would risk losing those tv deals and contracts in the US market. It can not afford to fall behind a league like the MLS and be 5th.
This all also impacts Canada too as money from the US tv deals impacts player contracts along with a lot of other things. With other sports coming back, the NHL has no choice. It has to compete or risk becoming irrelevant down here. 6-7 teams would be at risk of folding.
Again, watch the hockey guy’s YouTube channel to learn more about the in depth issues.