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	<title>Comments on: The Economy, the NHL, and Contract Negotiations</title>
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	<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/</link>
	<description>A blog for sports agents: Discussing sports business news, Sports Law, and other interesting sports related material</description>
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		<title>By: Ryan Ballard</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-123639</link>
		<dc:creator>Ryan Ballard</dc:creator>
		<pubDate>Fri, 03 Apr 2009 16:34:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-123639</guid>
		<description>Comment

&lt;blockquote cite=&quot;comment-123289&quot;&gt;

&lt;strong&gt;&lt;a href=&quot;#comment-123289&quot; rel=&quot;nofollow&quot;&gt;Kayley&lt;/a&gt;&lt;/strong&gt;: Hey Ryan,I know this is a little late, but I was wondering if you are planning to specialize or currently specialize in NHL athletes

&lt;/blockquote&gt;

Planning to, yes.  My quest has already begun.
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		<content:encoded><![CDATA[<p>Comment</p>
<blockquote cite="comment-123289">
<p><strong><a href="#comment-123289" rel="nofollow">Kayley</a></strong>: Hey Ryan,I know this is a little late, but I was wondering if you are planning to specialize or currently specialize in NHL athletes</p>
</blockquote>
<p>Planning to, yes.  My quest has already begun.</p>
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		<title>By: Kayley</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-123289</link>
		<dc:creator>Kayley</dc:creator>
		<pubDate>Tue, 31 Mar 2009 04:02:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-123289</guid>
		<description>Hey Ryan,

I know this is a little late, but I was wondering if you are planning to specialize or currently specialize in NHL athletes</description>
		<content:encoded><![CDATA[<p>Hey Ryan,</p>
<p>I know this is a little late, but I was wondering if you are planning to specialize or currently specialize in NHL athletes</p>
]]></content:encoded>
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		<title>By: This week in the news&#8230; &#171; National Sports and Entertainment Law Society</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122301</link>
		<dc:creator>This week in the news&#8230; &#171; National Sports and Entertainment Law Society</dc:creator>
		<pubDate>Sat, 21 Mar 2009 01:24:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122301</guid>
		<description>[...] Ballard looks at the financial condition of the [...]</description>
		<content:encoded><![CDATA[<p>[...] Ballard looks at the financial condition of the [...]</p>
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		<title>By: Ryan Ballard</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122182</link>
		<dc:creator>Ryan Ballard</dc:creator>
		<pubDate>Thu, 19 Mar 2009 18:14:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122182</guid>
		<description>Yammer and Kayley: Thanks!

David: The $3M figure came from the quotes from GMs in a few recent articles in the Sports Business Daily.  At the same time, they don&#039;t rule out that the cap could stay the same, but the consensus is the $3M figure.  I agree that Zetterburg is the best player on that list.  His salary is a reflection of the way Detroit runs its franchise.  Since the mid 90s players have agreed to receive less money than they could get elsewhere to play in Detroit.  When players like Hossa and Zetterburg sign w/Detroit for less money than they&#039;re worth, it&#039;s refreshing in a sports atmosphere where players will hold out because $43M isn&#039;t &quot;enough.&quot;  It looks like Detroit will pull it off again this year; both Hossa and Franzen have said they want to sign 4 or 5 year extensions w/Detroit and would take less money to stay in Detroit.

If this happens, it would be a great situation for both the player and the agent.  Franzen was a Red Wings draft pick, is still young, and is gaining popularity with the fans.  Local endorsement deals are sure to come in the near future.  Hossa, on the other hand, is already on the map with an endorsement deal with Warrior Hockey (10-15% of that going to the agent).</description>
		<content:encoded><![CDATA[<p>Yammer and Kayley: Thanks!</p>
<p>David: The $3M figure came from the quotes from GMs in a few recent articles in the Sports Business Daily.  At the same time, they don&#8217;t rule out that the cap could stay the same, but the consensus is the $3M figure.  I agree that Zetterburg is the best player on that list.  His salary is a reflection of the way Detroit runs its franchise.  Since the mid 90s players have agreed to receive less money than they could get elsewhere to play in Detroit.  When players like Hossa and Zetterburg sign w/Detroit for less money than they&#8217;re worth, it&#8217;s refreshing in a sports atmosphere where players will hold out because $43M isn&#8217;t &#8220;enough.&#8221;  It looks like Detroit will pull it off again this year; both Hossa and Franzen have said they want to sign 4 or 5 year extensions w/Detroit and would take less money to stay in Detroit.</p>
<p>If this happens, it would be a great situation for both the player and the agent.  Franzen was a Red Wings draft pick, is still young, and is gaining popularity with the fans.  Local endorsement deals are sure to come in the near future.  Hossa, on the other hand, is already on the map with an endorsement deal with Warrior Hockey (10-15% of that going to the agent).</p>
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		<title>By: David Staples</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122176</link>
		<dc:creator>David Staples</dc:creator>
		<pubDate>Thu, 19 Mar 2009 17:06:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122176</guid>
		<description>Ryan, where did you get the $3 million cap drop figure from? What might it drop in years after that?

Also, you will notice that though Zetterberg is by far the greatest team player and winner on this list, his salary is far less than Kopitar and Staal. This isn&#039;t be accident. In a hard cap world, to play on a winning team, star must simply must sacrifice one or two million a year. If they refuse, their team is pretty much doomed to second-rung status. So Staal and Kopitar will get more cash, but more playoff wins.

The Sedins must decided what is more important to them, a few more million a year, or success in the playoffs. Vancouver management would have to sell to them that whatever they take, every other player who signs will be met with the same constraint, that no one will be earning much more than the Sedins. 

It&#039;s a difficult sell for Gillis, a difficult choice for the Sedins. But Gillis must go all-out to get out this message to them, because it is key to the success of an NHL franchise. If they don&#039;t listen, he must save his money for players more focused on team success, than individual pay,  a tough decision for Gillis, a brutally tough one, but the right decision. No more than $6 million a year, I&#039;d say, is the right number, and maybe even $5.5 million.

&lt;a href=&quot;http://www.twitter.com/dstaples&quot; rel=&quot;nofollow&quot;&gt;follow @dstaples on twitter&lt;/a&gt;&lt;a&gt;&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Ryan, where did you get the $3 million cap drop figure from? What might it drop in years after that?</p>
<p>Also, you will notice that though Zetterberg is by far the greatest team player and winner on this list, his salary is far less than Kopitar and Staal. This isn&#8217;t be accident. In a hard cap world, to play on a winning team, star must simply must sacrifice one or two million a year. If they refuse, their team is pretty much doomed to second-rung status. So Staal and Kopitar will get more cash, but more playoff wins.</p>
<p>The Sedins must decided what is more important to them, a few more million a year, or success in the playoffs. Vancouver management would have to sell to them that whatever they take, every other player who signs will be met with the same constraint, that no one will be earning much more than the Sedins. </p>
<p>It&#8217;s a difficult sell for Gillis, a difficult choice for the Sedins. But Gillis must go all-out to get out this message to them, because it is key to the success of an NHL franchise. If they don&#8217;t listen, he must save his money for players more focused on team success, than individual pay,  a tough decision for Gillis, a brutally tough one, but the right decision. No more than $6 million a year, I&#8217;d say, is the right number, and maybe even $5.5 million.</p>
<p><a href="http://www.twitter.com/dstaples" rel="nofollow">follow @dstaples on twitter</a><a></a></p>
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		<title>By: John Smith</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122163</link>
		<dc:creator>John Smith</dc:creator>
		<pubDate>Thu, 19 Mar 2009 13:41:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122163</guid>
		<description>After a long time, I visited a blog that deals with really some brand new topic. As the whole world is facing financial crisis, it is quite obvious that the sportsmen and the sports teams will also face the same thing. $3M will be decreased in the salary cap of the National Hockey League players. So in this way the depressing economic conditions of both North America and the National Hockey League are affecting NHL player agents.</description>
		<content:encoded><![CDATA[<p>After a long time, I visited a blog that deals with really some brand new topic. As the whole world is facing financial crisis, it is quite obvious that the sportsmen and the sports teams will also face the same thing. $3M will be decreased in the salary cap of the National Hockey League players. So in this way the depressing economic conditions of both North America and the National Hockey League are affecting NHL player agents.</p>
]]></content:encoded>
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		<title>By: Kayley</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122156</link>
		<dc:creator>Kayley</dc:creator>
		<pubDate>Thu, 19 Mar 2009 11:46:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122156</guid>
		<description>Great article Ryan. We need some more NHL articles around here. Very well done, great read!</description>
		<content:encoded><![CDATA[<p>Great article Ryan. We need some more NHL articles around here. Very well done, great read!</p>
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		<title>By: Yammer</title>
		<link>http://www.sportsagentblog.com/2009/03/18/the-economy-the-nhl-and-contract-negotiations/comment-page-1/#comment-122113</link>
		<dc:creator>Yammer</dc:creator>
		<pubDate>Wed, 18 Mar 2009 18:46:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.sportsagentblog.com/?p=4678#comment-122113</guid>
		<description>Relevant article.  Well written.  This can&#039;t be Ryan Ballard&#039;s work...just kidding.  Great job Ballard!</description>
		<content:encoded><![CDATA[<p>Relevant article.  Well written.  This can&#8217;t be Ryan Ballard&#8217;s work&#8230;just kidding.  Great job Ballard!</p>
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