SENECA SIDE NOTES Vol 39 "HOCKEY IS TOO EXPENSIVE."

After The Whistle

Andrew Peters & Craig Rivet

Sports, Hockey

4.8 • 789 Ratings

🗓️ 24 August 2024

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

CCM IS PURCHASED FOR MORE THAN $570M. PRICES OF HOCKEY EQUIPMENT IS EXPECTED TO RISE. IT'S ALREADY A COMPLETE JOKE HOW MUCH IT COSTS FAMILIES TO PLAY HOCKEY, NOW ITS GETTING EVEN WORSE? DO YOURSELVES A FAVOR, FIND ANOTHER SPORT TO PUT YOUR KIDS IN. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Time now for side notes, presented by Seneca, Buffalo Creek Casino.
0:03.6	Nothing else comes close.
0:05.5	As if playing hockey wasn't expensive enough, Craig.
0:09.0	You've sent me this tweet from Rick Westhead.
0:12.2	Yep.
0:12.5	Hearing CCM's private equity owner is close to finalizing the sale of the hockey equipment company.
0:17.3	I'm told by people involved in the sale process, the price will eclipse
0:21.0	570 million. Birch Hill equity partners paid 110 million seven years ago to buy CCM from
0:28.4	Adidas. Since then, CCM, one of hockey's biggest equipment companies, has more than doubled
0:36.2	revenue and boosted profits.
0:39.1	Bankers say they expect owners of Bauer Hockey and true hockey to also explore sales in
0:43.7	coming months.
0:45.0	Industry source tells me the price of skates in hockey equipment may increase significantly
0:50.8	under new owners.
0:53.6	Now, I don't have a kid in hockey.
0:56.8	So I'm not buying hockey equipment.
0:59.7	Yeah.
1:00.3	I do know that it's already very, very expensive because I've seen the price of some of this stuff.
1:07.1	Right.
1:08.0	How much more expensive can this possibly get?
1:11.1	I don't, I don't know.
1:13.0	I feel, I feel families in the game of hockey, putting their kids in the game of hockey,
	...

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