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2004–05 NHL Lockout
The 2004–05 NHL lockout was a labor lockout that resulted in the cancellation of the National Hockey League (NHL) season, which would have been its 88th season of play. The main dispute was the league's desire to implement a salary cap to limit expenditure on player salaries, which was opposed by the NHL Players Association (NHLPA), the players' labor union, who proposed an alternative system of revenue sharing. Attempts at collective bargaining before the season began were unsuccessful. The lockout was initiated on September 16, 2004, one day after the expiration of the existing collective bargaining agreement (CBA), which itself had been the result of the 1994–95 lockout. During the lockout, further attempts to negotiate a new CBA floundered, with neither side willing to back down, and this led to the entire season being canceled on February 16, 2005. The NHL and NHLPA negotiating teams finally reached an agreement on July 13, 2005, with the lockout officially end ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2004–05 NHL Season
The 2004–05 NHL season was the National Hockey League's 88th season of operation. The entire 1,230-game schedule, that was set to begin in October, was officially canceled on February 16, 2005 due to an unresolved lockout that began on September 16, 2004. The loss of the 2004–05 season's games made the NHL the second North American professional sports league to lose an entire postseason of games because of a labor dispute, the first being the 1994–95 MLB strike, which occurred 10 years prior. It was the first time since 1919, when a Spanish flu pandemic canceled the finals, that the Stanley Cup was not awarded. This canceled season was later acknowledged with the words "2004–05 Season Not Played" engraved on the Cup. According to the International Ice Hockey Federation, 388 NHL players were on teams overseas at some point during the season, spread across 19 European leagues. Many of these players had a contract clause to return to the NHL when the league started up a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1918–19 NHL Season
The 1918–19 NHL season was the second season of the National Hockey League (NHL). While at first it was uncertain that the NHL would operate, and the possibility that National Hockey Association (NHA) would be resumed, the unfinished business of Eddie Livingstone's Toronto and Ottawa's NHA franchise, led to the NHL owners suspending the NHA again. Livingstone would attempt to overthrow the NHA management, and failing that, attempt to operate a rival league. The pre-season was filled with legal actions, deceptions and public verbal attacks. Ultimately, the NHL operated with three teams, in Montreal, Ottawa and Toronto. However, the season ended early with Toronto suspending operations, leaving Montreal and Ottawa to play off for the championship. Montreal would win the playoff and travel to Seattle for the Stanley Cup Finals. However, the championship series was not completed due to influenza infecting the whole Montreal team and causing the eventual death of Montreal's Joe H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto Maple Leafs
The Toronto Maple Leafs (officially the Toronto Maple Leaf Hockey Club and often referred to as the Leafs) are a professional ice hockey team based in Toronto. They compete in the National Hockey League (NHL) as a member of the Atlantic Division in the Eastern Conference. The club is owned by Maple Leaf Sports & Entertainment, a company that owns several professional sports teams in the city. The Maple Leafs' broadcasting rights are split between BCE Inc. and Rogers Communications. For their first 14 seasons, the club played their home games at the Mutual Street Arena, before moving to Maple Leaf Gardens in 1931. The Maple Leafs moved to their present home, Scotiabank Arena (originally named Air Canada Centre), in February 1999. The club was founded in 1917, operating simply as Toronto and known then as the Toronto Arenas. Under new ownership, the club was renamed the Toronto St. Patricks in 1919. In 1927, the club was purchased by Conn Smythe and renamed the Maple Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Major League Baseball
Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. The NL and AL were formed in 1876 and 1901, respectively. Beginning in 1903, the two leagues signed the National Agreement and cooperated but remained legally separate entities until 2000, when they merged into a single organization led by the Commissioner of Baseball. MLB is headquartered in Midtown Manhattan. It is also included as one of the major professional sports leagues in the United States and Canada. Baseball's first all-professional team, the Cincinnati Red Stockings, was founded in 1869. Before that, some teams had secretly paid certain players. The first few decades of professional baseball were characterized by rivalries between leagues and by players who often jumped from one t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Tax (sports)
A luxury tax in professional sports is a surcharge put on the aggregate payroll of a team to the extent to which it exceeds a predetermined guideline level set by the league. The ostensible purpose of this "tax" is to prevent teams in major markets with high incomes from signing almost all of the more talented players and hence destroying the competitive balance necessary for a sport to maintain fan interest. The money derived from the "tax" is either divided among the teams that play in the smaller markets, presumably to allow them to have more revenue to devote toward the contracts of high-quality players, or in the case of Major League Baseball, used by the league for other pre-defined purposes. In North America, Major League Baseball has implemented the luxury tax system. The National Basketball Association also has a luxury tax provision; its utility is somewhat limited by the fact that the league also has a salary cap provision. The "hard" salary cap of the National Football ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Major League Soccer
Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada—since the 2023 season. The league is headquartered in Midtown Manhattan. Major League Soccer is the most recent in a series of men's premier professional national soccer leagues established in the United States and Canada. The predecessor of MLS was the North American Soccer League (NASL), which existed from 1968 until 1984. MLS was founded in 1993 as part of the United States' successful bid to host the 1994 FIFA World Cup. The inaugural season took place in 1996 with ten teams. MLS experienced financial and operational struggles in its first few years, losing millions of dollars and folding two teams in 2002. Since then, developments such as the proliferation of soccer-specific stadiums around the league, implementation of the D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arena Football League
The Arena Football League (AFL) was a professional arena football league in the United States. It was founded in 1986, but played its first official games in the 1987 season, making it the third longest-running professional football league in North America after the Canadian Football League (CFL) and the National Football League (NFL) until the AFL closed in 2019. The AFL played a formerly proprietary code known as arena football, a form of indoor American football played on a 66-by-28 yard field (about a quarter of the surface area of an NFL field), with rules encouraging offensive performance, resulting in a typically faster-paced and higher-scoring game compared to NFL games. The sport was invented in the early 1980s and patented by Jim Foster, a former executive of the United States Football League (USFL) and the NFL. Each of the league's 32 seasons culminated in the ArenaBowl, with the winner being crowned the league's champion for that season. From 2000 to 2009, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Basketball Association
The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United States and Canada. It is the premier men's professional basketball league in the world. The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). It changed its name to the National Basketball Association on August 3, 1949, after merging with the competing National Basketball League (NBL). In 1976, the NBA and the American Basketball Association (ABA) merged, adding four franchises to the NBA. The NBA's regular season runs from October to April, with each team playing 82 games. The league's playoff tournament extends into June. , NBA players are the world's best paid athletes by average annual salary per player. The NBA is an active member of USA Basketball (USAB), which is recognized by the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Football League
The National Football League (NFL) is a professional American football league that consists of 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world. Each NFL season begins with a three-week preseason in August, followed by the 18-week regular season which runs from early September to early January, with each team playing 17 games and having one bye week In sport, a bye is the preferential status of a player or team that is automatically advanced to the next round of a tournament, without having to play an opponent in an early round. In knockout (elimination) tournaments they can be granted eit .... Following the conclusion of the regular season, seven teams from each conference (four division winners and three wild card teams) advance to the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2002–03 NHL Season
The 2002–03 NHL season was the 86th regular season of the National Hockey League. The Stanley Cup winners were the New Jersey Devils, who won the best of seven series 4–3 against the Mighty Ducks of Anaheim. Regular season The regular season saw several surprises. The San Jose Sharks, who many felt would be one of the elite teams in the West, stumbled early and badly disassembled much of the team. The two-year-old Minnesota Wild, on the other hand, got out to an early start and held onto their first-ever playoff berth throughout the season, winning coach Jacques Lemaire the Jack Adams Award. The elite teams of previous years such as the Detroit Red Wings, St. Louis Blues, Colorado Avalanche and New Jersey Devils, were joined by two younger Canadian teams, the Ottawa Senators and Vancouver Canucks. The Dallas Stars, which had missed the playoffs the year before, returned as a major power, backed by the record-setting goaltending of Marty Turco. The most surprising ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Levitt
Arthur Levitt Jr. (born February 3, 1931) is the former Chairman of the United States Securities and Exchange Commission (SEC). He served from 1993 to 2001 as the twenty-fifth and longest-serving chairman of the commission. Widely hailed as a champion of the individual investor, he has been criticized for not pushing for tougher accounting rules. Since May 2001 he has been employed as a senior adviser at the Carlyle Group. Levitt previously served as a policy advisor to Goldman Sachs and is a Director of Bloomberg LP, parent of Bloomberg News. Early life and career Levitt grew up in a Jewish family in Brooklyn. Levitt's father, Arthur Levitt Sr., served as New York State Comptroller for 24 years and was sole trustee of the largest pension fund in America at the time. Levitt attended Brant Lake Camp, a summer camp for boys in the Adirondacks. He attended and graduated from Poly Prep Country Day School in Brooklyn in 1948. He graduated Phi Beta Kappa from Williams College in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
