Some Sunday facts. The average NHL franchise value has risen from $180M (2000) to approx $1B today. That’s a 550% appreciation. Over the same period (2000 to 2023), the average league salary has appreciated about 105%. The NHL calls the players “partners” … 1/
– Allan Walsh🏒 (@walsha) July 30, 2023
That’s a 550% increase in just 23 years. That’s a lot.
But we’re talking about Allan Walsh, the player agent who likes to stir things up. Of course, he took advantage of this statement to point out the “inequality” of player salaries in relation to this increase.
But…receive no share of the increase in franchise values, no share of expansion fees and no say in the running of the business (the best example of this is Arizona). 2/
– Allan Walsh🏒 (@walsha) July 30, 2023
According to him, during this 23-year period, the average player’s salary increased by 105%. Granted, that’s a lot less than the 550% of teams. As a player agent, he certainly wants a better contract for his clients (especially since he earns a percentage of those same contracts).
But it’s true that the players could get more. We see very large contracts in all the other big American leagues. As Walsh suggests, it would be a good idea to offer more than money to certain players.
I’m talking about team shares for the best players, to avoid paying a huge salary for a single player.
But the NHL as such must do a better job of raising the salary cap. Players will never be paid more if the salary cap doesn’t increase. And seeing the value of teams rise so drastically, it would make sense to raise the cap accordingly.
In a row
– The Blue Jays still come out on top in this series.
The Blue Jays can’t complete the sweep against the Angels and Ohtani: https://t.co/sPMAnvLSYP
– TVA Sports (@TVASports) July 30, 2023
– Messi is reuniting FC Barcelona in Miami.
Luis Suarez free as a bird in December 2023; Inter Miami reportedly interestedhttps://t.co/wtNBVVmdmn
– RDS (@RDSca) July 30, 2023
– New NHL signing.
Jack McBain and Coyotes agree to 2-year deal just before arbitrationhttps://t.co/hKuci3fKyu
– RDS (@RDSca) July 30, 2023
– Canada’s Brooke Henderson comes close to defending her title.
Évian Championship | First triumph for Céline Boutier, Brooke Henderson in 2nd place https://t.co/vEWNnAwwUM
– La Presse Sports (@LaPresse_Sports) July 30, 2023
– A gold medal for Canada.
Summer McIntosh world champion in 400 m medleyhttps://t.co/kDMuFIiNKC
– RDS (@RDSca) July 30, 2023