Here's a load of crap to start the week - a report onthe Forbes article on NHL finances.

You have to love it when an article admits it didn't have access to the records it's reporting about. Why didn't they include "we're guessing" as part of their headline? If I'm reading this drivel correctly, the argument is that since the NHL owners make money in other ways, like when basketball is played at the United Center, the losses from the NHL teams shouldn't count, or at least shouldn't be taken as a problem since the owners really aren't going broke owning hockey teams.

Why not? And even if the NHLPA believes that crap, and they do, why not negotiate those revenues into the pool and then demand a signifcant percentage? The League has already said the players can have at least half of the dough and I'll bet they can get more than that. Nope. The NHLPA would rather enourage its members to go overseas and play under a cap system while taking away jobs from other hockey players.

The Levitt Report was put together by forensic accountants who had access to everything. Until something else comes along with the same access and the same credibility, I'm believing those guys, not some magazine with no access.