Discussion

'Independent' audit yields same results

The league spent $750,000 to prove it lost $273 million last year. It added up to the same response from the NHLPA.

Updated: February 12, 2004, 8:37 PM ET
By Jim Kelley | ESPN.com

I suspect that if you had any portion of your assets -- say, the bulk of your retirement income -- invested in a company, like Enron or Adelphia Communications, which has been under fire for questionable accounting procedures, then you don't put a whole lot of stock in an audit and evaluation put forth by former U.S. Securities and Exchange Commission chairman Arthur Levitt on behalf of the National Hockey League.

It's also reasonable to suspect that an audit said to be independent ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

ALSO SEE

MORE NHL HEADLINES