Quote:
Originally Posted by aceface33
I think it's an ego thing, they want to win a victory over the owners. Since I think revenues are going to go up I'd give it to them and try to get them to come down on make whole.
I also like it since it's an incentive for the owners to keep revenues growing, ie stop propping up unprofitable teams in the south.
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How soon Sabre fans forget that the only reason, post lockout, they ever broke even or made a small profit was due to revenue sharing money from the league. And we're considered a strong hockey market.
Hockey as a stand alone business is not a very profitable business. Thats largely due to the cost being driven by league wide factors but the majority of each team's revenues comes from their market. So smaller markets have to pay big markets prices with small market revenues. Its the arena deals that make the LLCs that own the teams profitable. The hockey teams are essentially lost leaders that anchor those arenas. But they make their money on the concerts and other events their arena hosts (other than the NHL games).