
Thursday's report that the Columbus Blue Jackets are losing $12 million a year is the latest illustration that the National Hockey League is really made up of two leagues.
There are flourishing franchises, the ones that print money or are at least in position to make big dough. Among those on this list are the big market American teams in Manhattan, Boston, Los Angeles, Chicago, Detroit, Philadelphia and Washington. Also thriving, naturally, are the six Canadian franchises.
While many
NHL executives, players and fans live in denial, there are teams like the Blue Jackets battling league and their own economics just to stay in existence. To this list add Atlanta, Florida, Nashville, the
Islanders, Phoenix, Tampa Bay. There are several more hurting franchises that haven't yet found the guts to finally say, "Enough is enough" like Columbus did on Thursday.