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12-10-2012, 01:05 AM
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LadyStanley
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Panther's arena had net income of ~$90mm from 1998-2008

http://www.bostonherald.com/sports/h...nHerald.com%29

Quote:
The Panthers show a loss year after year. But are they really hemorrhaging red ink?
...
What is open to public scrutiny is the performance of the BB&T Center, which the SSE has run since 1998 through the sort of sweet deal that sports franchises tend to wrangle from government entities.

The ebb and flow of arena finances during the first 10 years, through 2008, are available for anyone to view on the county website in the auditorís report published in 2010 (Broward.org; search under auditorís reports).

During the initial decade, the Arena Operating Company turned a profit every year, generating a total net income of $89.9 million. The AOC is the sister of the Panthers, both under the SSE.

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