tom webster Posted January 7, 2009 Report Posted January 7, 2009 If this is right, that expected drop in the salary cap may not occur. http://www.buffalonews.com/145/story/542132.html
Kristian Posted January 7, 2009 Report Posted January 7, 2009 The scenario the article talks about, with increased demand due to a boost in the economy, is at least 4-5 years away so I doubt we won't see a cap drop before it goes the other way again eventually. Also, the gas prices we witnessed during the economy boom were not the result of increased demand alone, but the fact that investors were speculating in oil futures like never before. Many analysts were speaking of an "oil bubble" that could've burst any day, had the financial crisis not occured, dramatically decreasing demand almost overnight.
inkman Posted January 7, 2009 Report Posted January 7, 2009 I hear the price of Cheez-Its is going up therefore, the NHL salary cap may go up as well.
Chief Enabler Posted January 7, 2009 Report Posted January 7, 2009 If this is right, that expected drop in the salary cap may not occur. http://www.buffalonews.com/145/story/542132.html The only thing a stimulus will do is raise inflation, so this makes sense <_<
tom webster Posted January 7, 2009 Author Report Posted January 7, 2009 I know its a gross over simplification, but Buffalo blamed their poor forecasting in large part on the rising price of oil which led, at least in part, to the rising Canadian dollar. The cap is expected to remain at or near its current level next year with a drop expected for the 2010 season. If the price of oil sky rockets by 2010, it would be logical to assume that the drop in cap would not occur. Obviously, there are a lot of other factors involved but I have been hearing about the end to the golden age of sports since Andy Messersmith signed with the Braves in 1976 and I'm still waiting.
Chief Enabler Posted January 8, 2009 Report Posted January 8, 2009 I know its a gross over simplification, but Buffalo blamed their poor forecasting in large part on the rising price of oil which led, at least in part, to the rising Canadian dollar. The cap is expected to remain at or near its current level next year with a drop expected for the 2010 season. If the price of oil sky rockets by 2010, it would be logical to assume that the drop in cap would not occur. Obviously, there are a lot of other factors involved but I have been hearing about the end to the golden age of sports since Andy Messersmith signed with the Braves in 1976 and I'm still waiting. I heard the end of the world was bumped up to 2012 anyway :thumbsup:
2ForTripping Posted January 8, 2009 Report Posted January 8, 2009 December 21 2012 seems to be the date all of the "prophets" are saying will be the fire and brimstone end. Just saw a program on the History channel regarding that.
shrader Posted January 8, 2009 Report Posted January 8, 2009 The NFL's going to need a new CBA soon, right? It'll never happen, but some struggles there could bring money to the NHL. Yeah, it'll never happen, but I can dream, right?
evil_otto Posted January 9, 2009 Report Posted January 9, 2009 That article is f-ing ridiculous. "analysts say...". That chick's blog about Ovechkin was better written.
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