View Single Post
Old
06-02-2011, 01:25 PM
  #43
Habs10Habs
HFBoards Sponsor
 
Habs10Habs's Avatar
 
Join Date: Aug 2006
Country: Canada
Posts: 52,296
vCash: 500
Quote:
Originally Posted by Ozymandias View Post
But that's just the point, technically, it would be more viable in theory to have another team in Montreal losing 5 mil per year, than having the Yotes losing 25 every year. In the present NHL makeup, another team in Montreal is probably a better venue than some of the financially striken markets in the league, and hence more profitable. But that's all beside the point, as my opinion is just that it is viable... compared to some of the teams that the league presently has. In the purest sense, if that team breaks even, it is not profit, but compared to teams losing money, it becomes more profitable.
Agreed, but the new owners would still be losing money whether it be five or twenty-five million. The NHL would still have to "prop up" this new franchise (revenue sharing). They may save a little, but they would still have to be paying out.

So in reality, with the scenario you provided, can you really say the city of Montreal would be "supporting" this new team? Or would it be the rich owner, in combination with the NHL that is "supporting" this team?

__________________
Don Cherry is right...you don't poke the bear..you walk right up to it and punch it in the mouth. - Grant McCagg
Habs10Habs is offline   Reply With Quote