: News Article:
Sharks Ticket Price Increases Coming, Changes for 2012-2013
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05-08-2012, 12:26 PM
Join Date: Dec 2008
Originally Posted by
Take what they, and the Sharks, say with a very big grain of salt. The Sharks are always quite specific - they claim that the Sharks are losing money. They are completely silent on whether SVSE is profitable (nor how revenues/expenses are split between the two). When I explicitly asked Greg Jaimison (at a STH breakfast) about the then recent claims of Sharks losses and whether SVSE was profitable on the arena he gave me a sheepish grin while dancing his way through a no comment.
Well, of course he won't give you a straight answer. That is the problem with businesses, they aren't honest with their customers or employees.
If they claimed that the Sharks were profitable and SVSE was doing great, how would they be able to justify a price increase? Reading between the lines, it's easy to see that the Sharks are making profit and are running just fine. If they weren't, they would have DW up against the cap floor, instead of the ceiling where they are now.
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