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02-02-2013, 09:09 AM
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Originally Posted by naurutger View Post
Any future owner will have to keep this in mind:

Sharks owner: “You cannot make money with a hockey team”

The money is in the franchise value, not the year to year revenues. Right now the franchise is worth crap and a long-term lease further decreases its value along with its $170M price tag. But in the future?
That type of business works well for deep pocketed owners. They don't need year-over-year profits to pay bills and service debt.

An owner who cannot come up with the purchase price to begin with would be *****ed in this situation...

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