CHL-IHL Evansville "IN" 2010-11
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06-22-2010, 09:21 PM
Join Date: Nov 2008
Yes, Geary could have waited a year, and probably should have financially. However, he saw the opportunity to buy a winning team with a sound hockey operation NOW. Thus he won't have to start from scratch next year with an expansion franchise. The club won't turn a profit next year playing in the small rink, but a new arena is the payoff for the next year...
A month ago I am sure he was willing to wait... But the situation has changed in the past month... I am sure the small rink will be able to handle some rented temporary bleacher seats to bring the house up to the point of possibly breaking even, or close to breaking even...
And not that many expansion franchises turn a profit during the first year anyway... Its always cost money to set up shop and market a club the first year...
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