‘”Before the lockout, quite candidly, 19 out of the 30 teams were losing money and you can’t do that very long before the whole thing would become in jeopardy, so what the lockout achieved was to bring more financial equity between the owners and the players so the teams can remain stable and obviously stay in business,” Golisano said.’
Golisano Says Lockout Benefited NHL
Source: RNews.com