NHL preseason losses mounting to tune of $100 million
NEW YORK — The financial losses are starting to pile up as a result of the NHL lockout.
And on Tuesday, the league made that public.
In speaking to reporters after talks finished up for the day between the NHL and the NHLPA, deputy commissioner Bill Daly estimated that the league has lost $100 million in revenues from the canceled preseason.
“Today,” he said, “was not overly encouraging.”
And though they can pick up at any time, for the moment, there are no further talks scheduled. That only further increases speculation that regular-season games could be lost, with an announcement sometime this week. The season was slated to begin Oct. 11.
“We are closer by definition (to canceling regular-season games),” Daly said. “We are focused on minimizing the damage.”
Tuesday's bargaining session focused on the definition of hockey-related revenue, and featured NHLPA head Donald Fehr; his brother, Steve, the special counsel to the players' association; and Winnipeg Jets defenseman Ron Hainsey.
“They have made some incremental moves,” said Donald Fehr, who expects to informally talk with NHL commissioner Gary Bettman by Wednesday. “It's clear that the players have made substantial moves towards the owners, and the owners have made substantial moves away from the players.”
As there has been throughout the process, there is still a glaring difference in opinion.
“We're looking for a long-term deal that's fair to the players, league and fans,” Daly said. “Certainly, we're trying to be as creative as (we can be).”
Donald Fehr did not dispute Daly's figure of $100 million, saying “it might be a revenue number.” He did note, though, that it could be a loss without factoring in arena operating costs. Meanwhile, Steve Fehr disputed the notion that no progress had been made.
“I don't know (that) I would agree with (that) phrase,” he said. “Talks can resume anytime they're ready.”
Daly, in an email to the Associated Press, said the league has not projected potential damage caused by the cancellation of any regular-season games. Clearly, the hope is that it won't have to address that matter, but the clock is ticking.
“What we have repeatedly tried to communicate is that we need to hear from them to move this process along,” Daly wrote in the email. “And we do think that's the only thing that is going to allow us to gain traction. But that doesn't mean we stop everything we're doing and simply wait around for a proposal.
“If there is something we feel we can do to move the process forward, I'm sure we won't hesitate to do it.”
According to Daly, the sides met for close to two hours Tuesday.
One aspect that could expedite the negotiations moving forward — perhaps next week — is mediation. And both sides acknowledged that possibility has been broached.
“I've had that discussion with Gary, briefly,” Donald Fehr said. “There hasn't been further discussion. We're not averse to help.”
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Penguins notebook: After reinterpreting rule, draft pick sought for Bylsma’s hiring
- Penguins GM Rutherford ‘wouldn’t make’ Despres trade today
- Sabres hire Bylsma as coach; Penguins receive 3rd-round pick
- AHL wing prospect Sheary an intriguing option for Penguins
- AHL goaltender Murray strumming favor with Penguins
- Analysis: Where do the Penguins, Wilkes-Barre club go from here?
- Penguins GM Rutherford: Medical updates upcoming