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11-12-2012, 11:08 AM
  #439
HCH
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Join Date: Dec 2003
Location: The Wild West
Country: Canada
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Quote:
Originally Posted by ECWHSWI View Post
didnt they make record profits last season or something ?

dont they realise that for some markets, a few more empty seats would be catastrophic ? and that a lockout may just cause that ?
Revenues aren't profits.

Generally speaking profits are revenues minus expenses. They may have had record revenues but they likely had record expenses as well. In addition, those record revenues were concentrated in the hands of a very few teams meaning that many teams lost money.

Perhaps the "median" revenue rather than the "average" revenue should considered when calculating the cap. That would eliminate a lot of the distortions that occur when you use averages.

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