2012 CBA & Re-alignment: Lockout in Effect. Thanks Gary/Donald! PART II
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11-26-2012, 05:01 PM
Join Date: May 2004
Originally Posted by
Iirc the Pens lost about 0.7 mil in the most recent season.
I bet they were still cash flow positive. Owners can depreciate the purchase price of their franchise over the course of 15 years. That's a non cash 'cost' of ~$6.5 million.
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