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05-21-2012, 11:15 PM
  #496
bobbop
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Join Date: May 2004
Location: Suburban Phoenix
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Quote:
Originally Posted by Henriks Broadway Hat View Post
Again, cap space isn't the Devils' problem. Money is. They can't pay the rent for the Pebble. Them going this far in the playoffs is VERY helpful to them though. A first round exit would have put them very close to bankruptcy.
Going deep into the playoffs is not the financial windfall for teams that it used to be. There was a change in the revenue sharing formula and now much more money goes to the league than the teams. I don't know the details but that's been a much discussed issue here in Phoenix. It helps but it isn't what it was 10 years ago.

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