CBA News: NHL Winter Classic Can Be Saved Despite Lockout
Jeff Klein of the NY Times has a story about how the NHL can wait until January 1, the day of the Winter Classic, to cancel the outdoor spectacle if there is still no labor agreement in place.
The league would forfeit only $100,000 of its $3 million stadium rental fee, according to the contract. The rest of the fee would be refunded by the university.
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The league would forfeit only $100,000 of its $3 million stadium rental fee, according to the contract. The rest of the fee would be refunded by the university.
The contract provisions give the league some leeway for salvaging its showcase event should a lockout delay the start of the 2012-13 season, enabling the N.H.L. to hold the Winter Classic even if a lockout is settled in late December.
- This does provide a sliver of hope, but still doesn't prevent any kind of work stoppage from happening. Yes, the League would only lose $100k just to cancel the event, which in my mind, wouldn't be catastrophic, but would lose millions in merchandise, ticket sales and ad revenue.
- It's become an extremely popular event and helped give the NHL news fans and popularity. If it's cancelled due to a work stoppage, good luck starting from scratch.
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