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08-26-2012, 01:18 AM
Brooklyn Ranger
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Join Date: Feb 2002
Location: Brooklyn, of course
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Originally Posted by -31- View Post
Weird. Normally at this point in CBA negotiations, teams start announcing they lost a jillion dollars.

In 2004, I think it was announced the Rangers lost $20 million.
Big difference now from 2004--the Garden is part of a public entity that must keep its shareholders happy. And no matter what you think about SEC rules, it's hard for a publically traded company to lie about revenue and income.

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