The Official Arena Thread Part 6
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11-17-2012, 01:45 AM
Join Date: Feb 2010
Location: Edmonton, AB
Originally Posted by
Because an intelligent person would be able to identify the similarities between the two, considering the future of the Oilers may hinge on Katz ability to strike a very similar deal as to what the Panthers have.
Oh wait. You're in that camp that believes the Oilers are one of the most profitable organizations in the league, right? That we're a model of efficiency?
If you're going by the Forbes list, which is pretty much the only data out since teams don't release financials, the Oilers are the 4th most profitable team.
They aren't even in the top 10 in value or revenue, but they have a lot lower costs than most other places and sell out every night.
It's very difficult to be sustainable longterm without profiting for revenues on non game nights, but it's pretty clear this team is currently doing it well enough that its not a matter of success or failure if it happens immediately.
Compared to the other owners Katz has it pretty bad, but he needs to realize the city isn't going to cater to his every demand while giving him the best possible deal.
Katz was getting a good deal before he asked for another 6 mill a year and took trips to Seattle for fun. Now the guy just comes off as a ******.
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