NHL is Back!

     This past week, the Owners and players of the NHL have reached a compromise, allowing all fans to enjoy the constant excitement that is the National Hockey League. Although you may think that the fans are the happiest because of this negotiation, the business's that rely on the NHL are especially excited. Restuarants, bars, and sporting-good stores, have been hit hard economically due to the lockout. For example, resturants such as Cobo Joes have lost almost $350,000 because of the fact that no one is eating at the resturant. Since it is located right next to Joe Louis Arena, where the Red Wings play, everyone that would have stopped by for a quick meal before or after the game were no longer visiting.
      It's amazing how much the shutting down of a sports league can affect so many business's. These places rely on fans to both eat and shop to watch and support their favorite hockey teams. Businesses throughout detriot have collectively lost roughly 1.9 million dollars for each individual game cancelled. Do you think that these businesses rely too much solely on the loyalty of the fans or are they just simply doing their job? To read more about the NHL lockout, visit:     http://business.time.com/2013/01/08/nhl-lockout-is-over-guess-whos-happier-than-fans-or-players/