Are Fans of Big Market Teams Annoyed At the Money-Losing Teams?
View Single Post
10-07-2012, 12:24 PM
Top 6 Spaling
Join Date: Jun 2010
Originally Posted by
Again, where's all this profit? Attendance numbers mean zilch without a profit to show for it.
Every Canadian team (With the exception of Ottawa) has sold out every single game since the last lockout. Can you say that for any American team? Maybe the Rangers, but that's a big NO for every other team. You can't use pre-lockout numbers to justify anything today. All pre-2005 numbers are irrelevent at this point in time. League economics have drastically changed since then. The fact is, a team in Sunrise, a team in Phoenix, a team in Nashville and a team in Columbus are draining millions of dollars every year. They aren't turning a profit. Quebec, Saskatoon and Hamilton would turn easy profits, complete with a minimum of 41 sellouts every year and millions upon millions of dollars in merchandise sales. This would happen instantly, and increase HHR by an incredible amount of money. Everybody wins.
When you found a business, do you expect to make a profit at first? No. You have large overhead costs, and it takes time for the word to get out, but once it catches on, that's when the profit comes. I agree that Nashville isn't, and likely never will be, as profitable as Toronto, Monteal, Boston, etc., but the point is that there is a ton of untapped potential in southern markets. The league is willing to lose a little money for a while in order to grow the game into a bigger sport across all of north america rather than just in Canada.
The game is growing, and there are going to be growing pains, but it'll be worth it.
As a side note, please show me where there "millions of dollars" are being drained in Nashville. We are very close to breaking even, year in, year out, and sponsorships, attendance, and ticket prices are all on the rise.
Top 6 Spaling
View Public Profile
Top 6 Spaling's albums
Find More Posts by Top 6 Spaling