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08-14-2012, 08:06 AM
  #59
Symon Asher
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Join Date: Sep 2011
Posts: 657
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It is tough for any buisness to survive by paying 57% of revenues for Direct Labor.
Add to that all of the Overhead it is almost impossible to make any money.
Vancouver a profitable franchise made 10million. Big deal. Assuming that franchise is worth 200m that's a 5% return. Very few people would invest 200m for a possible5% return.
It's nuts for an y owner having to spend 5m for a washed up vet to meet the floor
Bottom line players are making way too much money for the revenues generated.

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