September 15 2012 10:57PM
Throughout the summer, even as the business of hockey appeared to be headed towards a stoppage of some sort, one constant has been teams attempting to extend their best young players before the current CBA ran out. Players like Jeff Skinner, Taylor Hall, Tyler Seguin and others signed long term deals that would take them well into their UFA years, apparently operating under the belief that the deals teams were willing to make now might not be on offer come the resumption of business, whenever that might occur.
Here in Winnipeg, the Jets had just such a player in need of a deal, and tonight, after a summer where the fan base was wondering at least a little bit about that player's committment to the team and the city, Kevin Cheveldayoff seems to have gotten his man. Evander Kane has signed a six year deal that will pay him 31.5M over that span, for an AAV of 5.25M
September 15 2012 01:38PM
Today is September 15, the expiration of the collective bargaining agreement between the NHL and NHLPA. Tonight, barring an 11th-hour miracle, the league will lock out its players and begin yet another in a seemingly endless cycle of work stoppages.
If that happens, I have a promise to both sides.
September 14 2012 07:55PM
With all the hoopla surrounding the lockout on the horizon and the Economics of the arena dominating the news, the Sports Section looks more like the Business Section these days. Who doesn't love a riveting cost analysis diagram where there should be a breakdown of the Oilers training camp line up? And we would rather see an interview with Fehr and Bettman wearing rumpled suits and rumplier faces than the Nuge all sweaty and talking about skating any day.
Anywhoo, we thought we would pose a question as it relates to a conundrum for the Nation if this is how things are going to be. An entire article surrounding the economics of the Nation Network. On a Friday night with no hockey in sight. Bleak huh?
September 12 2012 03:07PM
(This was originally published at NHLNumbers, but I felt it warranted wider distribution. The rest of the series will be published at NHLNumbers.)
So, just why are we on the brink of yet another NHL lockout? This graph provides a pretty good explanation.
But not many are really digging into the financial ins and outs of the NHL's internal economy. Instead, there's plenty of finger pointing going on between the two sides, by the media, and among the fans. Especially the rabble on Twitter, whose "uninformed ramblings" are inconsequential to the outcome, according to NHL deputy commissioner, Bill Daly. And in truth, he's quite right. He just doesn't have to be so rude about it.
But that's for another post on another day with altogether more amateurly hand-drawn charts. Today we're sticking with good old Excel as we go inside the NHL's finances; or at least a reasonable facsimile thereof, as compiled by our good friends at Forbes in their annual list of NHL team valuations. What do the financial performance metrics tell us about what differentiates the winners from the losers in today's NHL?
September 10 2012 10:22AM
So you may have noticed some McKeen's Hockey banners popping up here and there across the Nation. That's because the boys over at McKeen's are launching a new website and subscription service that will replace their excellent annual magazines.