Panther's arena had net income of ~$90mm from 1998-2008
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12-11-2012, 01:28 PM
Join Date: Dec 2011
Originally Posted by
No Fun Shogun
If that were the case though, then why would the parent company keep owning the team if it was just a massive money sink with no end in sight, knowing full well that they could've easily gotten a hundred million+ dollars from Winnipeg up until the Thrashers moved and from Quebec City now? Somehow doubt that the desire to just own a pro sports team is the only thing keeping them in the game here.
The differences are meaningless if the team's being used as a loss-leader for their arena management rights and regional real estate development plans.
Yes and no. Yes it is meaningless to the team's owners. However it's not meaningless to the NHL or the players (especially them as it impacts their money directly). However as long as the owners are content to keep the team there, then other than trying to secure the best CBA possible, there's not a lot they can do.
"I changed the whole game, man," Rinaldo said. "Who knows what the game would have been like if I didn't do what I did?" [after illegally running Letang from behind, slamming his head into the glass]
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