Go Corporations!

http://www.tsn.ca/nhl/news_story.asp?id=116886

This is exactly what I said needed to happen before! All you hockey fans can thank me for suggesting this very thing months ago. Having a single owner eliminates every problem the NHL has - well other than crappy attendance, television deals, and fan support in the US. But it does eliminate all the CBA fighting. Don't believe me? Well does the company you work for have a salary cap? The reason it doesn't is because they can pay you at market rate, something that the NHL teams have not been able to do. Game theory dictates that salaries will be inflated (read my December post on this) above what is most profitable if teams were to co-operate. Well you can't get much more co-operation than a single owner system! They can set the salary cap to $500 trillion and salaries will still be at market rate. Players will not be screwed either here, the NHL will still need to price above European leagues, or any other potential new entrant in North America, to keep the NHL as the top hockey league in the world. They will not be able to make New York or random southern cities win the cup each year in order to be more profitable because fans will backlash, so it is in their best interest to have competition within the teams. I love capitalism!!!

Teams such as Detroit, Toronto, or New York could certainly go against this deal, which may still be ok. If the 25/30 of the NHL ownership groups agree, a change such as this could happen and allow for a few private owners. Or they could proportion the money so that Toronto gets more than Calgary would to make them agree... the specifics are still unkown for the deal, but this is a great thing to happen!