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baumer
Top Prospect
82 Posts |
 Posted - 02/04/2010 : 12:39:30
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I'm just looking for a little help. Can someone fill me in on how the KHL can offer such ludicrous contracts. I have heard the arenas there only hold around 10 000 fans, but also heard that the league is funded by the Russian government. Just wondering how a team there can offer more than the 12 year $101 million offer to Kovalchuk/
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Guest9836
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Posted - 02/04/2010 : 13:09:30
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| They can offer it because the owners don't care about losing money. They are billionaires and are concerned about building the brand first. And the brand requires big names. |
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Guest2872
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Posted - 02/04/2010 : 14:48:16
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Kovalchuk either wants more money or to play some wheres else it seems like the KHL can offer more
''GO SHARKS GO'' |
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JOSHUACANADA
PickupHockey Veteran
Canada
2308 Posts |
Posted - 02/04/2010 : 15:47:07
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I'll bite. No Bettman, no salarie cap no NHLPA, no NHL Board of Governers. Maybe 10 players in the whole league who could demand half of what Kovalchuk can demand. I think the league will throw in some extra incentive above the team salary. Lower tax bracket. Lower cost of living. His home country. He will be the biggest star of the league.
How many answers do you need here. Pick one. Personally my favorite is no Bettman. But hey, Im a fan of expanding canadian franchises much like the Russians have expanded there league. |
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irvine
PickupHockey Veteran
Canada
1315 Posts |
Posted - 02/04/2010 : 15:47:21
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A lot of KHL teams, including the league it self, are owned by Russian Oil Tycoons. Multi-billion dollar ownership groups, equals high pay can be offered.
Irvine/prez. |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 02/04/2010 : 16:37:55
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Why is it that people simply do not realize that Bettman has zero control in the big picture and that the big bad Board of Governors are the Owners and the people responsible for providing the platform for the player to have a place to play???
Seriously, the KHL and their ability to spend money has zero comparison to the NHL and Bettman. I mean really, make some friggin sense!!
Bottom line, lack of Salary Cap and payroll structure. This is the exact thing that was happening in the NHL prior to the Cap and caused contracts like Jagr getting $12 million a year in 2002, Peter Forsberg getting $11 million in 03, or Chris Gratton getting $10 millin in 97. That is the only difference. And, the owners in the KHL, such as Roman Amramovich who is the 51st richest person in the world with a net worth of $8.5 billion can spend what ever he wants to guys like Jagr significantly more than an NHL GM can.
Don't even try to say that Bettman is to blame for some crazy billionaires spending millions like we drop $20's. |
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Alex116
PickupHockey Legend
6113 Posts |
Posted - 02/04/2010 : 18:22:51
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Beans, you nailed it. The cap is the #1 reason that the KHL can pay higher. If not for the cap, we'd be seeing top guys getting a lot more money like baseball and basketball.
Personally, i like the cap. I have no prob with the owners making a ton of money. I mean, they ARE the owners! They're the ones putting up the millions to buy a team in the first place!
LOL, Gratton 10 million! And to think, that was 13 years ago! I can only imagine what guys would be getting now! |
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polishexpress
PickupHockey Pro
525 Posts |
Posted - 02/04/2010 : 21:22:05
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Beans, slight correction Roman Abramovich, also owns Chelsea FC, a london football(soccer) club. I'm glad the NHL has a cap and doesn't work like the KHL or soccer clubs. Just take a look at trophy winners of top soccer leagues in Europe, and you'll have found the teams with the richest owners. It's nice that in the NHL a team with below average financial means and smaller market like the Edmonton Oilers, Calgary Flames etc. can stay reasonably competitive (until this year, thanks Edm management!).
As a quick example, Liverpool FC, a well established, long successful club partially owned by former Habs owner George Gillett, has dropped in standings in recent years, partly due to lack of money and trouble finding investors. |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 02/04/2010 : 22:30:23
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I am not sure where I spoke about Ambamovich and what else he owned. He does own Chelsea as well as various other business and the most expensive personal fleet of yachts(5 of the bigest in the world.
And Chelsea FC is a perfect comparison to a KHL team. Abramovich came in and cleaned house. Brought in the best manager, broke records for transfer fees at the time (approx $70 million US for Shevchenko among others) and posted a lose for literally the past 5 years. But who cares! Chelsea has won more English Football Trophies than any other team.
That's the same thing the guys in the KHL do. The money is insignificant. |
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baumer
Top Prospect
82 Posts |
Posted - 02/05/2010 : 10:36:44
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quote:
Originally posted by Alex116
Beans, you nailed it. The cap is the #1 reason that the KHL can pay higher. If not for the cap, we'd be seeing top guys getting a lot more money like baseball and basketball.
Personally, i like the cap. I have no prob with the owners making a ton of money. I mean, they ARE the owners! They're the ones putting up the millions to buy a team in the first place!
LOL, Gratton 10 million! And to think, that was 13 years ago! I can only imagine what guys would be getting now!
I'll thank you and Beans...the only answers that made sense. Do you know anything about the government funding? I read an article a while back that said it was Vladimir Putin's pet project and the government was injecting money into the lesser teams to make it competitive? (Think Obama would go for that?lol ) |
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Beans15
Moderator
Canada
8286 Posts |
Posted - 02/05/2010 : 11:14:05
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I think it's more Medvedev's money as he is technically the "owner of the league" who is also uber-rich(at one time the 3rd richest man in the world).
Even more interesting with the KHL these days, there are apparently 3-4 teams in the Swedish elite league who will drop playing in that league and move over to the KHL. I suspect in the next 3-5 years that the KHL will be all over continental Europe and with that kind of money flying around, you will see more and more players from outside of North America go to or stay in Europe to play. |
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KHL money flow 
