Quote:
Originally Posted by Riddick
I was reading the business board and some one made the point of "some franchises **** money, most break even, some lose a lot due to the league not helping them properly grow". It made me think of the Isles.
Now i know a lot of it is Wang is cheap, but is this a chicken/egg scenario? Lets say Wang splashed out and the Isles were really competitive and in the playoffs perennially. Would the Isles be any more financially well off? With the current state of the SMG lease and cable bill would you say that if the team was doing better the tram could probably have a mid team budget?
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Lack of corporate support, lack of significant luxury suite revenue, lack of enough club seating revenue, lack of significant advertising revenue, lack of consistent full price paid attendance. That's why NYI lose money.
Luckily, that all gets fixed in Brooklyn. That's why they're moving.
Can't win without revenue.
NYI lost 8 million last season with the lowest payroll. (And revised sub lease) Think about that. Imagine how much they'd lose with an average payroll on LI with no guarantee they'd be much better.