Another good article about Cablevision's finances:
"In addition, the "World's Most Famous Arena" could see well more than $100 million in revenue skate into the sunset as Rangers ticket sales sink to zero and advertising dollars on Rangers, Islanders and Devils telecasts shrink. "
"The Garden reported total revenue of $481 million for the nine months ended Sept. 30.
In addition to the $90 million in total revenue the Rangers reported to the NHL, the perennial losers told the league that they lost $34 million in the 2003-04 season.
But the financial picture for the Garden doesn't end with just the Rangers and lost popcorn and soda sales."
" On the positive side, the team will not have to shell out $105 million to cover the league's sixth-highest payroll. "
Seems like a lot of errors and contradictions in this article from beginning to end. Five other NHL teams did not have payrolls more than 105 million, nowhere has it been reported the Rangers spent this much.
|All times are GMT -5. The time now is 07:36 AM.|
vBulletin Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
HFBoards.com, A property of CraveOnline, a division of AtomicOnline LLC ©2009 CraveOnline Media, LLC. All Rights Reserved.