"The franchise has never made a profit"
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02-02-2013, 03:51 PM
Join Date: Jul 2007
Originally Posted by
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.
Not to mention they own the lease on the stadium. They rent it out to other sporting events and concerts and such which isnt reflected in hockey related revenue. They may not make a profit on hockey alone, but the entire enterprise seems capable of turning a real profit.
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