In the last 20 years the National Hockey League (NHL) has had four lockouts: 1992, 94-95, 04-05, and 2012 which is still in progress. The players, owners, fans and workers are already used to having a long lockout. During the 04- 05 lockout, the NHL season was canceled because of the owners and players
not being able to reach a reasonable deal in time. There are many issues the players and the owners are dealing with, such as the players’ share, salary cap, guaranteed contracts, escrow payment, and the revenue sharing.
To sum it all out, it’s all about the money. Who do you blame for the lockout? The owners, who are
greedy? The players who are all about money? Or the players and the owners who are trying to split millions of dollars of the fans’ money?
As a sports fan but not being a big fan of the National Hockey League, you the fans, workers and the sponsorships can blame the owners and the players for being all about the money and thinking about themselves. During the 2012 lockout, a report done by Moneris, a debit and credit card processor, the venues in Vancouver, Calgary, and Toronto have decreased more than 11 percent since game day last year.
Also taking big hits are restaurants with 11 percent decrease, and bars taking a 35 percent decrease since game day last year.
During the 2004 NHL lockout, in which the whole season was canceled, Ontario lost $25 million in sports revenues.
When you watch ESPN at night, think of the businesses that rely on NHL to have a season. Think about how greedy players and owners are putting thousands of people out of work just because both sides wants more money.