Paul Newman is Reggie Dunlop, the player-coach of a minor league hockey team called the "Charlestown Chiefs." Here he meets the owner for the first time. He has been charming and polite, until she tells him that she COULD sell the team, but won't make enough of a profit for it to be worthwhile. Instead, she will fold the team, and Reggie and the other players will be jobless. When this scene starts, she has just told Reggie that she has never let her children watch a hockey game because she doesn't want them to imitate the violence.
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