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08-14-2012, 08:29 AM
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Originally Posted by Symon Asher View Post
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.
Do you suggest that the Cap floor should not be there ?

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