Abbortsford Heat for Sale?
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08-20-2012, 11:06 AM
Join Date: Jul 2009
Originally Posted by
Actually, strictly from a business point of view, the Flames would be nuts to terminate their
10-year contract with the city of Abbotsford
The Heat and by extension, the Flames organization, can't lose a single cent during the length of the agreement. It's an incredible deal.
On the flip side, it's from a purely optical point of view that selling makes sense. The team doesn't draw many fans and the city of Abbotsford hates the deal and is looking for a way out, a logical decision given how much money they've lost.
I guess it depends - if someone's financial analysis shows that the Flames won't make money in the next 8 years, and they can sell the team at a profit, then it still makes sense to sell. You'd also think it has to be a bit mentally draining on the prospects to play in front of... nobody.
It could easily boil down to sell now and walk away with some money, walk away 8 years from now and break even - and still have to find a new home, or stay, and eat some big losses.
As for a potential relocation for the team... Saskatoon.
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