It says here Players talking of $60 million luxury tax threshold
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09-10-2004, 02:37 PM
Join Date: Jun 2004
Originally Posted by
And worst of all most of these so-called big makets are losing money and made this problem. Toronto reportedly makes a profit. The NY Post and Washington Post reported the Rangers lose millions and have for years, so do the Blackhawks, Blues and Kings, Wings, Flyers and Stars.
Lot's of big markets on paper only.
First of all, I wouldn't beleive the NY post on anything.
Second, the Red Wings have not lost millions for years. They generally need to go to the third round to make a profit. So yeah, they've probably lost some money in last couple years, but its not like they're in dire straits.
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