New Arena Thread: Rogers Place? Yawn...
View Single Post
05-14-2013, 03:20 PM
Where's the Hart?
Join Date: Oct 2007
Originally Posted by
The Big Unit
What are you talking about?
From Forbes Magazine (Nov 28, 2012)
Canadian NHL teams all seen as profitable. All seven Canadian teams are estimated to have an operating income (earnings before interest, taxes, depreciation and amortization) well in the black. Toronto is seen as the league’s most profitable team, with an operating income of $81.9 million, but Montreal ($51.6 million), Vancouver ($30.4 million), Edmonton ($16.2 million), Ottawa ($14.5 million) and Winnipeg ($13.3 million) all cracked the top-10, and Calgary ($11 million) was pegged as the 11th best-earning team in the NHL. All seven teams are at least eight figures in the black, according to Forbes.
You can't all but guarantee anything. If Seattle were a more attractive market than Edmonton the league would've had a team there ages ago. If you were correct, they would've moved Atlanta to Seattle and not to a smaller city like Winnipeg. I hope you realize they have lawyers, accountants and sports economists at the NHL's offices. Despite some mistakes, they know what they're doing from a financial point of view.
Those Forbes numbers are not accurate. And Seattle hasn't even built there new arena yet. All discussion about Seattle is dependent on them building their new arena.
View Public Profile
Find More Posts by raab