Is NHL Biting Off More Than It Can Chew By Restarting Season?
Yes but they have backed themselves into a corner.
1) I certainly understand playing again this summer and trying to generate revenue to pay as many debts owed as possible as revenues next season, whenever that is, looks bleak right now.
2) They have backed themselves into a corner by making it more complex than they have to. Could be a much easier problem by (a) just go straight to the playoffs with the top 16 teams, let the other 15 stay home and (b) playing in two countries just makes it more complex. Play all games in ONE country and if possible ONE state or province. Just my 2 cents
George O
on May 24, 2020 at 4:30 pm
I hear ya Boom/Bust … but regardless of whether it’s 16 or 24 or where the games are played, it lasts only as long as the first team member – player/coach/trainer/medical staff or official comes down with the virus, and then everything will have to grind to an immediate halt – and it won’t matter if it’s a Cody Ceci or a Connor McDavid.
It will be inevitable simply going by the daily announcements of new cases all over the map. It isn’t going to go away any time soon.
So, they’re losing hundreds of millions. That makes the NHL unique? Hardly. Corporations are losing that daily and many many small businesses will not return nor will their hundreds of thousands of jobs.
What’s coming economically and medically dwarfs the problems faced by a game
George
Yep, Hertz belly up, United Airlines only needs 3,000 of 25,000 flight attendants, tourism in California is dead, It will take years to get entertainment and tourism going again. Got a feeling that contacts for UFA’s will be smaller and shorter than what they have been used to getting. To bail out California and their insane pension funds would take trillions of dollars. That goes for NYC and Chicago.
The exodus from these high tax / expensive areas to live in has already started.
George O
on May 24, 2020 at 6:30 pm
Same thing will happen here in Canada in the biggest – and most expensive to live in – cities Toronto and Vancouver and possibly Montreal, although there it’s related to taxes mainly and it doesn’t matter where you go in Quebec, still the most taxed in the country.
Ron Moore
on May 25, 2020 at 10:44 am
Wow economics pros in here today! A couple of things: It’s hard to catch a disease if you avoid contact with it and you’re in a disease free area to start. It could still happen but it’s 100x harder. Also economic turnarounds happen faster than most think with some things going away forever and some new stuff to fill the void. Will it suck? Ya at first but eventually returning to the same or better as history has proven time after time. Think of it like growing pains.
Nyr4life
on May 25, 2020 at 11:31 am
Every area is disease free, until they are not disease free.
George O
on May 25, 2020 at 8:20 pm
When he says “It’s hard to catch a disease if you avoid contact with it and you’re in a disease free area to start” he fails to consider asymptomatic carriers and the fact that, in North America, only about 20% of the population has actually been tested. He also doesn’t bother to give us an example of a “disease free area” where hockey players may gather and how those areas – if any exist – can prevent asymptomatic carriers from entering.
George O
on May 25, 2020 at 3:03 pm
I suppose Nouriel Roubini should have checked with Ron Moore before he presented his economic warning. Silly man not to consult the expert.
Meanwhile, I’m still trying to determine when, exactly. the world economy made a quick turnaround following anything close to this magnitude. And don’t throw the Spanish Flu at us – that began in the midst of a world war when economies were already showing signs of collapse and within a decade we began a world depression.
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Is NHL Biting Off More Than It Can Chew By Restarting Season?
Yes but they have backed themselves into a corner.
1) I certainly understand playing again this summer and trying to generate revenue to pay as many debts owed as possible as revenues next season, whenever that is, looks bleak right now.
2) They have backed themselves into a corner by making it more complex than they have to. Could be a much easier problem by (a) just go straight to the playoffs with the top 16 teams, let the other 15 stay home and (b) playing in two countries just makes it more complex. Play all games in ONE country and if possible ONE state or province. Just my 2 cents
I hear ya Boom/Bust … but regardless of whether it’s 16 or 24 or where the games are played, it lasts only as long as the first team member – player/coach/trainer/medical staff or official comes down with the virus, and then everything will have to grind to an immediate halt – and it won’t matter if it’s a Cody Ceci or a Connor McDavid.
It will be inevitable simply going by the daily announcements of new cases all over the map. It isn’t going to go away any time soon.
So, they’re losing hundreds of millions. That makes the NHL unique? Hardly. Corporations are losing that daily and many many small businesses will not return nor will their hundreds of thousands of jobs.
What’s coming economically and medically dwarfs the problems faced by a game
https://nymag.com/intelligencer/2020/05/why-the-economy-is-headed-for-a-post-coronavirus-depression-nouriel-roubini.html?utm_source=pocket-newtab
George
Yep, Hertz belly up, United Airlines only needs 3,000 of 25,000 flight attendants, tourism in California is dead, It will take years to get entertainment and tourism going again. Got a feeling that contacts for UFA’s will be smaller and shorter than what they have been used to getting. To bail out California and their insane pension funds would take trillions of dollars. That goes for NYC and Chicago.
The exodus from these high tax / expensive areas to live in has already started.
Same thing will happen here in Canada in the biggest – and most expensive to live in – cities Toronto and Vancouver and possibly Montreal, although there it’s related to taxes mainly and it doesn’t matter where you go in Quebec, still the most taxed in the country.
Wow economics pros in here today! A couple of things: It’s hard to catch a disease if you avoid contact with it and you’re in a disease free area to start. It could still happen but it’s 100x harder. Also economic turnarounds happen faster than most think with some things going away forever and some new stuff to fill the void. Will it suck? Ya at first but eventually returning to the same or better as history has proven time after time. Think of it like growing pains.
Every area is disease free, until they are not disease free.
When he says “It’s hard to catch a disease if you avoid contact with it and you’re in a disease free area to start” he fails to consider asymptomatic carriers and the fact that, in North America, only about 20% of the population has actually been tested. He also doesn’t bother to give us an example of a “disease free area” where hockey players may gather and how those areas – if any exist – can prevent asymptomatic carriers from entering.
I suppose Nouriel Roubini should have checked with Ron Moore before he presented his economic warning. Silly man not to consult the expert.
Meanwhile, I’m still trying to determine when, exactly. the world economy made a quick turnaround following anything close to this magnitude. And don’t throw the Spanish Flu at us – that began in the midst of a world war when economies were already showing signs of collapse and within a decade we began a world depression.