"The franchise has never made a profit"
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02-02-2013, 09:17 PM
Join Date: Oct 2010
Location: Greg's River Heights
Not surprising. This team only generates $500,000 or so per game in revenue. That was made clear on this board a year or two ago. Even with revenue sharing, parking and concessions this team still probably loses money. Other events at the arena like concerts (non-HRR) and extended playoff appearances by the Blues probably allow the Blues to make a little money.
The fact that the team, the AHL club, and the opera house and who knows what else sold for a whopping $120 million should make it obvious this is a break-even proposition at the best of times.
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