"The franchise has never made a profit"
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02-03-2013, 11:58 PM
Join Date: Jun 2009
Ok I found some info...
Parking: the garage is owned by the city the Blues get basically nothing for parking.
Concessions: Originally signed with levy foods for $20 mil over 20 years with $10 mil being paid upfront so that leaves only $10 mil to be spread over the 20 years. I am not sure when the contract was signed but it cannot be more than 7 or 8 years old. The sale price of the team was discounted to account for the upfront money but that does not help much year to year.
The Blues also pay a 5% amusement tax to the city that neither the Cardinals (MLB) or the Rams (NFL) have to pay.
The city owns the Scottrade Center where the Blues play but the Blues owners run the building.
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