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10-07-2012, 01:40 PM
Join Date: Jan 2011
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Originally Posted by Mayor Bee View Post
Edmonton was under 80% for three years
.....almost twenty years ago and now sell out every game for a team that drafted 1st overall for consecutive years.

and was saved by the NHL setting aside its own ownership rules to prevent a move to Houston.
Is there a source for this? I keep seeing this repeated here like it's gospel but nobody has been able to provide a valid source when I ask for proof that the NHL "set aside its ownership rules".

In addition, the Canadian Assistance Plan subsidized the difference between the two currencies, and kept those two teams (plus Ottawa and Vancouver) at least kicking for a few more years.
How much subsidy did these teams receive and how is it comparable to teams who lose millions of dollars a season?

The EIG mostly broke even but did manage a profit a few times during their penny-pinching tenure so the comparison of the Canadian Assistance Plan to todays struggling hockey markets is kinda irrelevant.

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