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| National Hockey League |
New York Post April 8
I am not certain if this cited article is sensationalistic or not. But, it is interesting and can certainly be examined in both journalistic and satirical contexts.
Cited:
'William Foley, the billionaire owner of the NHL’s expansion team Las Vegas Golden Knights, is starting to look like a sucker, a hockey exec told On the Money.'
'Presently, the Golden Knights are in talks for a media rights deal and are only attracting offers of slightly more than $10 million a year, two sources said. That would be among the lowest contracts in the league.
A Golden Knights spokesman said, “We are involved in active discussions with several parties. The specifics of these discussions will remain confidential.”
Foley paid the NHL a $500 million expansion fee to secure the team, which starts playing next season. If he can only attract $10 million annually from a regional sports network, the team could lose more than $30 million a year, the hockey executive figured.'
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In my attempts at academic and philosophical objectivity, and this is sports philosophy, I reason the Las Vegas franchise will likely survive long term, as the building should be profitable in this world entertainment center, even if the hockey club is not. In other words, the building could potentially subsidize the hockey club.
If this cited National Hockey League executive actually stated what is documented, in regard to 'sucker' why is there not more democratic League opposition to these questionable franchise placements?
Five hundred million reasons.
This article is a lesson that bad philosophy can lead to one becoming a sucker! And bad theology can lead to...
