View Single Post
Old
11-16-2012, 06:07 PM
  #745
Mr Jiggyfly
Registered User
 
Mr Jiggyfly's Avatar
 
Join Date: Jan 2004
Posts: 17,978
vCash: 500
Quote:
Originally Posted by Ugene Malkin View Post
No, what I'm saying is those investors front up the money to the various reasons, and when they do get settled up with from the profits, making them not profits at all because, they're only recouping their initial investment. Plus sometimes they don't even recoup their investment, obviously. So while you look at set numbers that seem profit, to the owner he has another additional number added to the equation that says one of the three of profit/broke even/loss.

You're basically saying the owners don't front the money, but they do. Not all NHL teams have that kind of money laying around to payout bonuses.
Ya I see the point you were trying to make, but as soon as the season starts, their investors will be first in line to recoup their money.

The last thing you ever want to do is leave your investors hanging. That is bad for business.

Even if you had a poorly run team that cleared all expenses before they paid back their investors, the percentage of max salary deals in the first 2-3 yrs make up such a minimal amount of NHL contracts, that it honestly isn't something you could even point to as the reason owners are "losing" money.

Mr Jiggyfly is offline