it was competitive with basketball 30 years ago
Bettman supporters keep saying how much the revenue has grown under his leadership while conveniently forgetting that every other league has grown its revenue faster than the NHL. As you say, the NHL used to be competitive with the NBA, and in fact, had higher overall revenue 30 years ago.
Bettman hid most of his underperforming league revenue by expanding the league. The new teams didn’t perform well, but they boosted overall revenue enough to let Bettman keep his job. Now we’re left with a league where 6-8 teams should die in order to improve overall league health. It’s unlikely that Bettman or any future commissioner will admit how massive the problem is, so we’ll just get teams that are always threatening to become bankrupt, dragging down the rest of the league.
I’m not sure I want this to happen. I’ll read the bill, but I’m not convinced they’ll do it right. For example, UBI is supposed to replace other need-based social programs such as disability, welfare programs, government housing, etc. The entire point is that the money from those programs, which collectively have quite a lot of waste, goes into UBI so everyone can participate in society on a more fair level.
For example, I have a neighbour who is on some kind of government assistance. He gets very little money, and his rent for an entire house is $105/mo. With UBI, he’d get a full basic income, but his housing would no longer be subsidized, removing the need for a public housing corporation known for being awful and wasting money.