NHL might be dumb, but not that dumb

By Amaury Pi Gonzalez

March 8, 2005
 
 



PHOENIX - Phoenix Coyotes owner and hockey Hall of Famer Wayne Gretzky and the other NHL owners are not so dumb as to sell the entire league to a single corporate investor. This is a bad idea in a free enterprise system.

It works better if you can own your own team and I can own my own team. At first, everyone thought it might be the one thing that would bail this league out. Last week, Disney sold the Mighty Ducks of Anaheim for between $50 and $60 million. In this day and age, that was a bargain.

The WWF under owner Vince McMahon started the XFL and owned all the teams in the fall of 2000. It had a television contract with NBC, but lost the league after one season. Without different owners and everyone pitching in, it may not work.

If things don't get settled soon in the NHL, something drastic must be done. The NHL also needs a real TV contract to make it viable. Nowadays, you can not live without TV revenue.

If the monopoly owner loses money or something goes wrong, you could lose the entire league. With one entity owning 30 teams, that's a little scary and risky. The other owners in the NHL don't like it - the initial response by the owners around the league say it's not kosher.

That something is wrong buying 30 teams, but then again, it might work. The NHL right now has become that much of a joke.

Amaury Pi Gonzalez is a play-by-play announcer for the Seattle Mariners and the San Francisco Giants for the Spanish broadcasts. Catch Amaury hosting Sportstalk on San Jose's 1430 KLIB and Sacramento's 1110 KLIB.

 

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