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02-02-2013, 03:28 PM
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Originally Posted by MountainHawk View Post
Profit is nice, but as long as they are making positive cash flow (i.e. ignoring all the non-cash adjustments like depreciation), it is fine for the owners I'm sure.
QFT. The depreciation allowance for pro sports teams is huge and not at all representative of an asset that is diminishing.

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