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12-22-2012, 07:22 AM
I Give A Dam!
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Join Date: Aug 2011
Location: In My House
Country: Canada
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Originally Posted by WingedWheel1987 View Post
I thought they lost 20 million last year? I am sure the increased revenue sharing + 15 million dollar handout should atleast help Jamison make a buck. Officially, the Yotes will still be bleeding red ink, but unofficially, Jamison is going to be making money.

I could be wrong if the Yotes did lose 40 million per year.
The Forbes numbers indicated a 20.8M loss last season. Unsure if that figure included 25M the COG had to give the league. The playoff revenue the Yotes made is likely included which should have been in the range of around 8M. The loss would have been close to 30M if they missed the playoffs.

It will cost GJ around 6M to operate the arena so 9M will be to help offset losses. The next CBA would have to be quite different with lots more revenue sharing added to give the team any hope to post anything better than a 10M - 15M loss.

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