Zanzibar Buck-Buck McFate said:
I was mostly kidding but I actually don't agree. I think the Leafs could truly reinvent themselves outside the NHL as the focus of a new league more than the NHL could survive if they walked. Say, for example, they went to the top 5 franchises and said, why continue profit-sharing when in the new league we'll have none?
Anyway, no need to get into a big debate about a hypothetical that, as you say, will never happen. My point is just that I think it would not be impossible. And it sure as hell would be interesting ... a WHA with real leggz.
Getting the other teams to go with them is a big if, but, even then, are you gonna run a 5 team league? Who's gonna put up the money for the other teams and where are they going to play? Also, you're in a situation where you have teams that have no players, because their contracts are all tied to a CBA they're no longer a part of. Sure, some will come with, but enough will still prioritize playing in the NHL and winning a Stanley Cup, because, realistically, the salary difference won't be that much because the earning potential of the teams that left has taken a significant hit. How much are fans going to pay to see games for what will be considered a 2nd tier league? How much will the broadcast rights go for - especially when, for the most part, the best players in the world are still playing in the NHL?
As for the NHL, if the Leafs left, the first thing they'd do is put an expansion team in the GTA, and there'd be nothing the Leafs could do to stop that. Between the expansion fees and the revenue from the new team, the league would soldier on.