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Inside the NHL: Can't put a lid on talk of cap
Sunday, July 22, 2001 By Dejan Kovacevic, Post-Gazette Sports Writer
More than $500 million has been committed to new NHL contracts since the first day of this month. Yes, half a billion, from owners whose teams are bleeding in red ink with no promise of significant new revenue on the horizon.
Will the spiral ever stop?
It could, as soon as 2004.
That's when the Collective Bargaining Agreement between the league and the NHL Players Association expires, and it's starting to sound as if battle lines are being drawn on the salary-cap front.
Take a look at three incendiary quotes from the past week ...
From a general manager ...
"I have never been more embarrassed to work in the NHL as I was on July 1st and 2nd," the Canucks' Brian Burke told reporters in Vancouver, referring to the opening of the free-agency season. "I know we can't support the salaries. I know that some of the teams who have spent that money are doing it without the financial capability to pay the money. I'm running my business like a business. I'm going head-to-head with people who are crazy, as far as I'm concerned."
From a player ...
"If they want to pay us, they must be making money," Sharks center Vincent Damphousse said at a golf tournament in Montreal. "It's not up to us to say: 'No, don't give us that much money.' "
And from the only guy on both sides of the fence ...
"You can see there are a lot of teams losing $10 million, $15 million, $20 million every year," Mario Lemieux said at that same golf tournament, repeating a recurring theme for him in the past year. "That's OK for owners who are billionaires and can withstand that, but there aren't too many teams in that position. Obviously, the next Collective Bargaining Agreement is going to be very important. They'll have to get salaries back in line and probably have a salary cap."
NHL Commissioner Gary Bettman reported two months ago that the league's 30 teams had gross revenues of about $1.8 billion, yet paid out close to $1.1 billion in salaries, an unwieldy percentage.
Trouble is, Bettman has yet to call for a cap or revenue sharing, perhaps fearing the freezing effect it would have on relations with Bob Goodenow, head of the NHLPA. All Bettman has allowed is that he seeks "an economic system that provides a degree of cost-certainty."
The words that fly in the next three years figure to be far more colorful than that.
Icy chips
Dejan Kovacevic can be reached at dkovacevic@ post-gazette.com.
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