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01-13-2013, 06:36 PM
Join Date: Feb 2012
Originally Posted by
Yes I do. They operate to make a profit which in hockey means winning.
Whether you're a CEO, VP or in this case GM of a hockey team if you don't show results you get canned.
Leafs are the most
team in the NHL and have been for years.
But the sport’s three most profitable teams–the Maple Leafs ($81.9 million), Rangers ($74 million), Canadians ($51.6 million)–accounted for 83% of the league’s income, while 13 of 30 teams lost money, before non-cash expenses and interest payments.
Of course playoffs add to the bottom line but we're not financially dependent on it.
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