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Good Overview of NHL Disaster

While going through this week's newspapers, I enjoyed reading a good overview of the NHL's mess in Monday's USA Today.

I rarely try to hide my ignorance regarding professional sports, but have always been interested in the business behind them. How can they justify paying tens of millions of dollars to these professional athletes?

Well, apparently, the NHL can't. In the 2002-2003 season, player costs took up 75% of the NHL's revenue, compared with the 55% to 62% other leagues spend.

Posted in Business on March 24, 2005, 10:41 PM | Permalink

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