View Single Post
12-21-2012, 04:26 PM
Jacobs Must Go
Number8's Avatar
Join Date: Oct 2007
Posts: 8,087
vCash: 500
Originally Posted by hockeyball View Post
Because many owners are ok running at an "acceptable loss". They use the loss from their hockey team to benefit their tax situation. Likely some of them are real fans as well and see it as a worth-wild expenditure for their entertainment. Both of those things are going to have pretty fine lines though before they become not worth it.

Also, some owners may see profitability in the future if the rules stay the same or change in their favor.

Or they simply cannot sell the team as someone else pointed out.
Again, completely agree.

I was just responding to an overly simplistic comment from another poster that questioned why owners of NHL teams would accept a league that returns less than a typical equity fund.......

It's a bit more complicated than that (and the benefits are a good deal more varied). Hence my admittedly smart ass comment regarding Craig's List.

Number8 is online now   Reply With Quote