Sunday, February 08, 2004
Uncertainty in Steeltown
The Pittsburgh Post-Gazette is reporting that the Penguins can survive a work stoppage. The interesting part though it the assertion that:
The Penguins project a loss of $5 million this season after breaking even over Mario Lemieux's first four years as owner.
The Penguins have had a really bad team in the oldest arena in the league and they haven't lost money until this year? That sounds pretty good.
"In my view, Pittsburgh is operating as well as you can operate," said Bill Daly, NHL vice president and chief legal officer
Operating as well as you can? The team has done a brutal job developing young players and trading away their older players.
The Penguins have the league's lowest player payroll at $22.6 million, its worst record at 11-36-5-3 and its second-lowest average attendance at 11,988. They also maintain that they need a more favorable CBA and a new, publicly financed arena in place by 2007 to remain viable in Pittsburgh.
They need a new CBA AND a new arena? If they're breaking even now, wouldn't just one of those things fix their problems? Hell, I think a new GM and a new scouting staff could solve their problems a lot better then a new CBA.
The Penguins project a loss of $5 million this season after breaking even over Mario Lemieux's first four years as owner.
The Penguins have had a really bad team in the oldest arena in the league and they haven't lost money until this year? That sounds pretty good.
"In my view, Pittsburgh is operating as well as you can operate," said Bill Daly, NHL vice president and chief legal officer
Operating as well as you can? The team has done a brutal job developing young players and trading away their older players.
The Penguins have the league's lowest player payroll at $22.6 million, its worst record at 11-36-5-3 and its second-lowest average attendance at 11,988. They also maintain that they need a more favorable CBA and a new, publicly financed arena in place by 2007 to remain viable in Pittsburgh.
They need a new CBA AND a new arena? If they're breaking even now, wouldn't just one of those things fix their problems? Hell, I think a new GM and a new scouting staff could solve their problems a lot better then a new CBA.
