Yesterday, the Buffalo Sabres became the second NHL team in a week, and the fourth in the last eight years, to file for bankruptcy protection. As I noted before, this represents a very disturbing trend in the sport, especially since neither Ottawa nor Buffalo are really the weak sisters of the league; the franchises in Tampa, Carolina, Phoenix and Anaheim have attendance and media problems that are at least as severe, with no hope that things are going to get better anytime soon. And of course, the labor contract expires at the end of next season, although this is one problem that can't be blamed on greedy players, who, after all, are paid far less than their counterparts in basketball and baseball.

The best case scenario may well be that only a couple of teams will fold; the worst case is that the league may well go the way of the NASL. However, I do not believe that the long-term prognosis for the sport is all that bad. Even if the league dies, or is truncated in a dramatic fashion, I would expect many of the franchises to live on. There is clearly sufficient international interest in the sport to survive even the roughest of patches, and if it came down to it, I would expect to see a stronger, and more realistic, ice hockey league exist with teams in Europe and North America.