GREAT article on state of the NHL
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06-03-2004, 03:55 PM
Join Date: Feb 2002
Originally Posted by
Detroit claims to have to make the finals to break even and play in an old building.
Philadelphia's ownership claimed to lose revenue this week. Msg reported their sports teams lost money and did lay off employees. The Sharks slashed payroll this year and after going to the semi-finals claimed to lose over 10 million this week.
There is no major revenue to share.
According to this Anaheim spent 54.4 million this season.
Do you really think Philly lost money???
No F'IN way.
This is all BS and if this was the case no publicly traded companies would ever be a part of owning such a bad investment but yet you see these teams going for hundreds of millions.
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