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01-08-2013, 03:49 PM
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Originally Posted by Dado View Post
I don't recall seeing any documentation to verify that. And a fair bit of speculation that the losses have been "overstated".
Nicks numbers are in the ballpark of being correct! A little easier way to look at it is that the average NHL franchise costs between $80-90MM per year to operate. PHX , because of its high travel expenses falls on the upper end of that range. Revenues are something below $50MM, there you go!

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