In the last year and a half:
• Gas and diesel prices have more than doubled
• Electricity costs have risen over 10%
• The prices of key proteins like beef, chicken, seafood eggs have risen between 20 and 35%, or more
• Home heating oil and natural gas prices are way up
• Airline and car rental prices have skyrocketed
• Hotel/motel prices are up about 35-50%
• Many other commodities are up about 15-20%
People who received a 10% raise this year, are WAY underwater, and the value of our pensions/401ks are much, much lower than they were two years ago. And fuel prices (and, hence, everything transported by a fuel- or electric-based vehicle) are expected to keep rising.
How will teams afford this? Their major cost items (traveling, housing, lodging and feeding players, and maintaining ice arenas) are probably up somewhere between 25 and 45%. And their revenue is likely to go down, since people have less disposable income to buy tickets and are cutting the miles they drive because of high fuel prices.
I’m sure we will see quick fixes like higher ticket prices and increased billet fees, but these things seem like mere band-aids that don’t really cover the gaping financial wounds. And I suspect many of these junior teams are barely above water financially as it is.
I figure my out-of-pocket cost of main camp has nearly doubled. Last year I paid just under $600 for two round trip tickets; just under $250 for the rental car; and just over $500 for five nights in the hotel. This year the plane tickets are about $900, the rental is about $500 and the five nights will be just under $700.
So, excluding the cost of food and the camp, my cost went from $1,350 to about $2,100.
Also, there was a nice, cheap round-trip flight I could get from my city to the city where my son plays, leaving mid-afternoon on Friday and returning late Sunday. That flight is no longer offered at that price and is now almost three times the cost. It was nice for both of us for me to go down there a couple times last year. That probably 'aint happening this year.
Hockey is expensive as is. Frankly, shouldn't single hockey out as all travel sports are expensive. Any of you have a daughter in gymnastics? I do. Makes hockey look cheap.
Our economy is cratering. This should lead to some positive changes to the sport if the sport handles it correctly. Should be a slowdown to the proliferation of hockey academies, AAA programs, and possibly even Preps. Could be a resurgence in local hockey and public HS hockey which would broaden the access to the sport. I can see "showcase" or B&A teams becoming more po****r as a way to get some exposure at events and then return to play hockey at your local HS. A way to try to defray some costs. NAHL is already doing this in the Midwest as most of the Midwest NAHL teams sponsor a before season AAA team. USHL teams are starting to get in on this too, sponsoring showcase type teams. B&A teams have proliferating in Minnesota and the upper Midwest. Players can stay home and play HS hockey while still getting exposure.
I've been involved in this game for most my life, over 45 years now. The landscape is constantly evolving. The economy devolving into a Depression will definitely have an effect on the sport. In the end teams will still find the best players, they may just be more open to where they come from now and "pedigree" will mean less due to economics.
Refreshing to see someone else realizes both side have been ******* us.
Wow - intelligent political commentary on the DBoard? Isn’t that against the community guidelines?
Congress is the body that taxes and spends, not the President. Although the President can affect the spending with the veto power, the real question is who held Congress when the deficit spending went wild; not who was in the White House.
Plus, the wild spending was just one cause of the inflation. The severe restraints on oil and gas drilling, transportation and production in the US is a major but-for cause.
But, yes. Who gets into office matters.
As for how it will impact hockey ... I foresee some junior teams going under and/or shifting more costs to the players. Scouting budgets will be cut, so scouts will spend time watching LiveBarn and HockeyTV instead of traveling to watch kids live. Youth teams will travel less, meaning that the kids playing outside hockey hotbeds like Minnesota, New England and Michigan will find it very, very hard to retain players and get good games. As for hockey long term, I have no idea how rinks will keep in the black once the green new deal-type rules hit. Maintaining a rink requires a lot energy.
I just love how you - like so many others intend on shifting the blame - shift the poster's statement about "drilling, transportation and production" to "lease sales." Big difference.
A lease is one thing. What you can do with/on the leased property is quite another.
Your last sentence "maintaining a rink requires a lot of energy" made me think.
Wouldn't it be ironic if the non-traditional hockey market sun states with year round 365 sun used solar for their rinks and came out of this mess better than the cold dark traditional Northern rinks?
#1 hockey is expensive.
#2 all politicians are in it for themselves. If you think either side cares about you or the country, you are sadly mistaken.