I heard Pierre McGuire this morning joining the ranks of 'analysts' who suspect that the owners have an eye on expansion to increase revenues for themselves outside of the CBA dealings. Apparently an expansion team would cost something in the neighborhood of $300 million, which would not be considered part of HRR and would be divided among the owners alone.
It seems more and more likely that the owners will be happy with a compromise on the CBA (where they still get about 7% more). They may then be looking to generate more income through expansion, instead of quibbling with the players over percentage points or having a longer work stoppage.
I'm not in favor of more expansion (would prefer relocations), but do other people feel that it will happen? Soon? Quebec, Seattle, Markham...??