Contraction is a plan to buy back franchises and essentially put them out of business. We have no interest in contraction as a strategic matter or a bargaining strategy, ... We believe 30 franchises can be healthy given the economic right system. The bottom line is if we don't get the right system, we are at risk of losing franchises.
More Quotes from Bill Daly:
Our partnership with NASN represents a significant step by the league to re-establish its relationship with its existing European-based fans, as well as begin the process of developing new ones.Bill Daly
It's important that we distinguish between legalized gambling and illegal gambling. I want to emphasize that we don't condone any form of illegal gambling. But when it comes to legalized gambling, the question is where do you draw the line You are talking about limiting the rights of a hockey player to participate in a legal activity.
Bill Daly
The union's proposal was intended merely to preserve a status quo that promises escalating ticket prices, competitive imbalance, bankrupt franchises, hundreds of millions in team losses and 20 teams losing money - all of which imperil the future of our game,
Bill Daly
At some point, I think it's important to take a stand and indicate a willingness to do whatever is necessary to protect your contractual and legal rights. The league certainly supports Washington's decision to do that here.
Bill Daly
While the immediate 'rollback' of 24 percent offered by the union would materially improve league economics for the 2004-05 season, there is virtually nothing in the union's proposal that would prevent the dollars 'saved' from being redirected right back into the player compensation system, such that the league's overall financial losses would approach current levels in only a matter of a couple of years.
Bill Daly
While betting on football or other sports may be the pervasive issue, it in no way justifies poor judgment or otherwise alleged inappropriate conduct. We will take this issue very seriously and will monitor the proceedings closely.
Bill Daly
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