Players And Owners example essay topic
12-14). The players need to make a contract work by agreeing to some form of salary cap, allowing owners to control costs. Players and owners will win, revenues will improve for businesses dependent on games for income, and the fans will win! Making a contract work Players have expressed a complete unwillingness to a salary cap or as the owners have termed it, a "cost certainty". While they have purposed roll-backs in salaries and lower rookie salaries, they continue to miss the big picture as it is seen by owners and fans alike.
Exactly how much money do you need to make to play a sport you say you love? In 1995 the average salary for an NHL player was $750 k, at the need of the 2003-2004 season, that average was $1.8 million dollars (... ). The owners are demanding a break and want to maintain profitability. If forced by players to pay outrageous salaries, how can smaller teams compete? They cannot and that is exactly the point.
Owners have reported a loss in excess of $1 billion dollars in the last ten years (The Australian). That appears to be reason enough for a salary cap. If the losses were to continue, it seems likely that the sport will end, as team owners fold up shop unable to bear further losses. The economic devastation experienced by businesses associated with the sport now, would only become worse. Economic Effects From food vendors within stadiums to sportswear manufacturers, many businesses that rely on a hockey game or two for income, are becoming deeply impacted. According to a report at No Hockey.
CA, from the Denver Associated Press, "The dispute that has kept NHL players locked out for 133 days as of Wednesday has meant millions of dollars in losses for stores, restaurants and businesses across North America that rely at least in part on a professional hockey team for their livelihood. Even if the season is saved, few expect a big rebound in business (2005, para. 4)". What more can be said? The trickle down affect is tremendous.
Incomes are down, tax revenues are down and no one is winning, including the players. The Mandate of the NHLPA is to represent the interest of its member players (web). Based on the information available, it is clear that the NHLPA's mandate would likewise dictate that given the choice of being paid or NOT being paid, negotiating a deal to resume the NHL would be in the best interests of not only the players, but those business owners and employees that have also been impacted. Additionally, fans have become so disillusioned with the lack of an agreement, they are finding other things to do, other places to go and some fans may be lost forever.
Win the Fans Back Often overshadowed by the mainstream popularity of other professional sports such as football and basketball, hockey already had a limited fan base. That fan following is dwindling by the day as they grow weary of the lack of an agreement. Some fans feel the players are solely motivated by greed rather than the love of the game. They feel that the players should accept what they have and may get in the future (Quinn, No Hockey. CA, 2005). One fan, Gary Farrell put it this way, 'With the millions both sides are making it seems ridiculous... hockey fans are losing their patience (Quinn) ".
The players will have to go a long way in some form of goodwill to bring the fans back to games. Another view Certainly no one could say that owners have ever been forced to pay high salaries. After all, isn't it each owners' responsibility to make sound fiscal decisions for the health of their business? However, with the "Holy Grail" of the Stanley Cup dangling like a carrot in front of a hungry rabbit, it would seem likely that owners would do whatever it took to bring big talent to the ice. They may have been the starting point for this debacle, but it is the players that must now step up to the blue line and back down. Conclusion A professional hockey player works hard.
They risk career ending and in some cases life threatening injury to play the game. Most often, players have been playing the game since they were children. They and their families have invested a great deal of time and money in training and preparing for the professional level. Does that mean they require millions of dollars to play the sport without reasonable boundaries?
Don't the owners have a right to say, 'the market will bare no more', 'not enough fans watch the game to warrant such salaries'? Yes they do. The players need to make a contract work by agreeing to some form of a salary cap, allowing owners to control costs. Everyone will win.
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