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If this were to happen, I might just start following the NHL again.
Wirtz threatens sale of Blackhawks
But it's unlikely, despite potential players' union issues
By Bob Foltman
Tribune staff reporter
April 20, 2007, 8:29 PM CDT
In a story published in Friday's Toronto Star, Bill Wirtz said he would consider selling the Blackhawks if the NHL Players Association installs a labor hard-liner as its new executive director.
"If the union hired someone like [former director Bob Goodenow], who just says you're lying whenever you say you're losing money, I'd put the team up for sale," Wirtz told the Star.
"And I think that might cause other owners to look at their own investments."
The leadership of the NHL Players Association is in disarray. Its current leader, Ted Saskin, is on paid suspension and unlikely to reclaim his job.
Saskin replaced Goodenow after the settlement of the lockout that forced the cancellation of the 2004-05 season. The events surrounding Saskin replacing Goodenow have been disputed by a group of players, which has led to an outside investigation.
Goodenow, a nemesis of NHL Commissioner Gary Bettman and the owners, was adamant in his refusal to accept a cap on players salaries. Goodenow repeatedly questioned the owners' claims of the amount of money they were losing.
In the end, Saskin ended up negotiating the new collective bargaining agreement, which included a cap on salaries and guaranteed players a percentage of revenues. Shortly after the agreement was signed, Goodenow resigned from the players' association, although a recent story in SportsBusiness Journal says Goodenow was fired before the CBA was done.
Wirtz has threatened to sell the team before. In an interview with the Tribune before the lockout, Wirtz said he would consider selling if a new economic framework with the players wasn't negotiated.
Wirtz, 77, became president of the Hawks in 1966. His father, Arthur, purchased the team in 1954.
Wirtz declined to comment further Friday. Blackhawks spokesman Jim DeMaria said: "In no way, shape or form is Mr. Wirtz saying that he's going to be selling the Blackhawks."
Just how much the Hawks are worth is not known, but an estimate would be $250 million to $300 million. But Wirtz also owns a share of the United Center.
Even if he were to sell the Hawks, it would be highly unlikely Wirtz would sell his share of the profitable arena, which opened in 1994. It's doubtful someone would be interested in buying the hockey team and not get a portion of the building.
After another non-playoff season—the ninth in the last 10—and a continued decline in attendance since the end of the lockout, Wirtz told the Sun that the Hawks lost $31 million this season. Last summer Wirtz said the Hawks lost $20 million for the 2005-06 season.
In Anaheim on Thursday for the Anaheim-Minnesota playoff game, Bettman said in a TV interview that most teams are either making money or breaking even under the new CBA, and that the ones that are losing money are losing less than they were before the lockout.
Wirtz threatens sale of Blackhawks
But it's unlikely, despite potential players' union issues
By Bob Foltman
Tribune staff reporter
April 20, 2007, 8:29 PM CDT
In a story published in Friday's Toronto Star, Bill Wirtz said he would consider selling the Blackhawks if the NHL Players Association installs a labor hard-liner as its new executive director.
"If the union hired someone like [former director Bob Goodenow], who just says you're lying whenever you say you're losing money, I'd put the team up for sale," Wirtz told the Star.
"And I think that might cause other owners to look at their own investments."
The leadership of the NHL Players Association is in disarray. Its current leader, Ted Saskin, is on paid suspension and unlikely to reclaim his job.
Saskin replaced Goodenow after the settlement of the lockout that forced the cancellation of the 2004-05 season. The events surrounding Saskin replacing Goodenow have been disputed by a group of players, which has led to an outside investigation.
Goodenow, a nemesis of NHL Commissioner Gary Bettman and the owners, was adamant in his refusal to accept a cap on players salaries. Goodenow repeatedly questioned the owners' claims of the amount of money they were losing.
In the end, Saskin ended up negotiating the new collective bargaining agreement, which included a cap on salaries and guaranteed players a percentage of revenues. Shortly after the agreement was signed, Goodenow resigned from the players' association, although a recent story in SportsBusiness Journal says Goodenow was fired before the CBA was done.
Wirtz has threatened to sell the team before. In an interview with the Tribune before the lockout, Wirtz said he would consider selling if a new economic framework with the players wasn't negotiated.
Wirtz, 77, became president of the Hawks in 1966. His father, Arthur, purchased the team in 1954.
Wirtz declined to comment further Friday. Blackhawks spokesman Jim DeMaria said: "In no way, shape or form is Mr. Wirtz saying that he's going to be selling the Blackhawks."
Just how much the Hawks are worth is not known, but an estimate would be $250 million to $300 million. But Wirtz also owns a share of the United Center.
Even if he were to sell the Hawks, it would be highly unlikely Wirtz would sell his share of the profitable arena, which opened in 1994. It's doubtful someone would be interested in buying the hockey team and not get a portion of the building.
After another non-playoff season—the ninth in the last 10—and a continued decline in attendance since the end of the lockout, Wirtz told the Sun that the Hawks lost $31 million this season. Last summer Wirtz said the Hawks lost $20 million for the 2005-06 season.
In Anaheim on Thursday for the Anaheim-Minnesota playoff game, Bettman said in a TV interview that most teams are either making money or breaking even under the new CBA, and that the ones that are losing money are losing less than they were before the lockout.
