The business aspect of the National Hockey League has seen ongoing success, marked by increasing franchise values, prompting discussions about potential future expansions at a substantial cost. However, a notable issue arises: players do not benefit from these expansion funds. Despite the league's ability to grow, the salary cap has remained relatively stagnant.
According to Marty Walsh, the Executive Director of the National Hockey League Players Association, in a recent interview with insider Frank Seravalli, he expressed intentions to negotiate for a portion of the expansion proceeds to be allocated to the players if the NHL proceeds with expansion plans. Take a moment to consider his perspective.
Walsh highlights that players are the driving force behind fan attendance, merchandise sales, and overall interest in hockey. However, when it comes to negotiations like establishing a new collective bargaining agreement, their financial situation suddenly becomes tight. This inequity is unfair to the players. If the league continues to generate significant profits, Walsh is prepared to challenge the league to increase player earnings.
Frankly, Marty Walsh has brought a valuable perspective to the NHLPA, and it's high time someone stood up to Gary Bettman. Profiting from the players without adjusting the salary cap is unreasonable.
