1. Salary Caps for Sports Leagues
... the economic slowdown afflicting North America pose additional stress for the clubs. Since it's highly unlikely the federal government will bail any NHL franchise out - remember the failed bid by Ottawa owner Rod Bryden in 1999 -it appears the brunt of the problem will filter down to the provincial and municipal governments, and the NHL itself, (see a $14 million stipend the ... are making money. While revenues have risen, they're still not keeping pace with costs, and the situation is particularly bad for the Canad! ian franchises with the exception of Toronto, and for the U.S. franchi...
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- Approx Pages: 12
- Grade Level: High School