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NHL’s latest lockout is a costly one

As the league’s latest timeout drags on, the Bruins are losing out on $3 million per game, and each canceled date deprives local businesses of up to $1 million

The Boston Bruins were scheduled to host the Phoenix Coyotes Monday night at TD Garden, but for the 15th time this season the arena was dark, costing the team another $3 million in tickets and related spending.

The National Hockey League lockout also is inflicting collateral damage on nearby bars and restaurants — between $850,000 and $1 million per game, according to the Greater Boston Convention & Visitors Bureau. Eighty days into the off-ice fight, representatives of the NHL and its players union remain far apart on big-ticket issues, despite Commissioner Gary Bettman’s estimate that players and owners are losing as much as $10 million and $20 million a day, respectively.

Comments

Sauer's comment about over expansion is right on the money. The owners took expansion fees from these new franchises and now want players to pay for their failure to expand in the right markets. How can owners point to bloated salaries when they're the ones handing out contracts? It's like they can't help themselves. Jeremy Jacobs is pushing for contracts to be no more than four years in length after he agrees to give one of his players, Seguin, a six year extension. It's ridiculous and our team's owner, the same one who made a stupid comment about Cam Neely after the Bruins won the Cup, is the one leading the charge to make players pay for the owner's mistakes. He could care less about the fans or the business owners who are being negatively affected by the lockout. He's really a despicable character.

If NHL players and management can not come to terms, - What happens, many people become unemployed.

 

If Democrats and Republicans can not come to terms, - What happens, many people become unemployed.

 

Neither parties negotiated in good faith.