The Official CBA Negotiations/Lockout Super Thread

Quote:

---

Originally Posted by D0wntime

We are not talking about a small owner-operated business. We are talking about multi-million corporate entities with multiple shareholders. There is a huge difference. These are leveraged assets with very high debt to value ratios. The team pays back those debts, not the owner. So, if the team fails to make enough revenue to cover its costs including debt payments then the team declares bankruptcy not the owner. The team thus shoulders the risk.

---

so you are saying if the team defaults, the players pay the debt back?

Did you inhale between lines?

Quote:

---

Originally Posted by D0wntime

And is it a risk for the owners if the money they use to pay the players is money they get from someone else? I laid it out in crystal clear terms all the demands that the owners are making, detailing how they bear almost no risk and what risk they do shoulder they share with the players and their other employees. If you choose to focus on a brief and probably poor example, it's clear you have your opinion and reality has no impact on it.

---

Ok lets say the owner got the money from you. You are an investor, Uncle Phil came to you, presented an opportunity to you, laid out a plan, you liked what you saw and forked out $100MM. The money goes to a corporation (tax benefits etc) named AEG. Suddenly the annual sharing and payments, dividends stopped. Who do you go after? ..the players? Someone has to be responsible for your money, right? Hint, it won't be the players.

It all depends on what he inhaled between the lines RR. :)

well with the money that the owners will save, they can buy all of our season tix for this upcoming season :)

Quote:

---

Originally Posted by x-wingcamewest

Where in the hell would we find a virgin around here?

Wait... would it have to be male or female?

---

My bad, especially since Richards and Carter arrived.

Bravo Doc.

Especially that last line.

Shotgun with the trigger tied to the doorknob.

Cheers, Doc!!

So very well said. Very Christmas-y feeling, but depressing at the same time.

Unless the millionaires and billionaires agree to a new CBA, all us hockey fans (along with all the workers at Staples, the restos, parking lots, etc.) will get a big ol' lump of coal (or ****) in our stockings this year.

Brilliant