Lockout discussion thread
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10-27-2012, 03:52 AM
Join Date: Oct 2009
Originally Posted by
I would guess that the Habs profit barely covers his interest payments and taxes, and that his profits come from the increased value of the team and the Bell Center. Don't forget he also bought the Bell Center with the Habs. That's a huge moneymaker right there in normal times.
Overall though, you're right, Geoff Molson is screwed by the lockout. Aside from the things you mention,
the other factor is that if there is no season he is going to be denied a top-5 draft pick he would get from a season, and thus lose out on tens of millions of dollars in playoff revenue in years to come.
Molson had better lobby hard for a repeat of last years draft positions then. I would if I was him.
There is no reason to revert to a general draft with multiple playoff missing teams the winners. It's stupid.
But to add to the insult of missing a season when the Habs can afford to play and pay, The NHL will **** this up too and Habs will get screwed.
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