We are all on Hockey Canada and its scandal. The Prime Minister and the Minister of Sport, the news media, especially the Globe and Mail, the sponsors, the provincial hockey associations and the public.
We want something to happen with the executives who created funds to "handle" sexual assault cases to they didn't become public.
The headline today with CBC? Is the game over for the Hockey Canada brand? Another headline today has an expert baffled by Hockey Canada response to scandals - "Never seen anything like this" in governance. He's particularly worried about the board.
How is it so many people are calling for action and no responsible action is taking place? This has been ongoing since the spring. It points to how corporate organizations have a lot power and can do what they want. Makes me worry about capitalism as a system.
What leverage does the PM have? The PM has a $14 million investment over the last 2 years. That's 6% of the organization's funding . The PM froze the funding in June. Not much impact, given an asset worth reported to be in excess of $153 million.
The major revenue streams then would be sponsors and player fees.
The sponsors who have pulled out - like Esso, Time Hortons, Scotiabank, Canadian Tire are in the top tiers. One article says that "Hockey Canada has several tiers of sponsors, including four premier partners – Esso, Nike, Tim Hortons and Telus – who pay as much as $2 million per year for the association, a source said." That's good funding, but the real source has to be player fees.
Player fees are just under $50 a year. They are collected by the provincial organizations and transferred to Hockey Canada. How many players are there? There are 630,000 registered players under the age of 18 in Canada. Who collects the fees? The provincial organizations.
Some of the provincial hockey organizations have started to pull out and others have been sly - withholding the insurance amount only.
What will and can parents do? There is a Parents Canada organization and canadianhockeymoms.ca but there appears to be nothing/no one with power. On the canadianhockeymoms website there is nothing there to see on the scandal - it is about getting your kids into hockey - fundraising and recipes. That looks like quite a gap to me.
So we will be following the money trail. Will Hockey Canada melt like the wicked witch of the west?
Today we have the Jordan trail leading to the valley where Jordan Pond and Jordan Harbour are. Only once have I seen this since moving here - skaters playing hockey i Jordan Harour. No fees involved there.
