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01-04-2013, 01:52 PM
  #90
hockeyball
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Quote:
Originally Posted by 99 steps View Post
who cares if teams are losing money? no one in their right mind buys a pro sports team these days with the goal of getting (more) wealthy. it's a hobby for the already very wealthy, and you just hope to break even financially.

either way, i don't think it is an indictment of the health of the league.
It's not about getting more wealthy, it's about getting a reasonable return on investment. Some owners care more about hockey than others and thus will accept more losses, but I guarantee you not one of them bought their team saying "I can't wait to lose millions of dollars a year just so I can say I own a hockey team!". Many of them are ok breaking even for tax reasons, but that means they are essentially making money. If the league was making money, we'd have hockey right now, plain as that.

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