View Single Post
Old
06-15-2013, 07:27 PM
  #13
mouser
Global Moderator
Business of Hockey
 
mouser's Avatar
 
Join Date: Jul 2006
Location: South Mountain
Posts: 12,048
vCash: 500
Quote:
Originally Posted by danishh View Post
what threw me is the : nearly $20M in staff, coaches, and revenue sharing.

staff+coaches shouldnt cost more than 5M-8M (lets say 3-4M for the coach and GM)

that means the hawks are giving significant amounts of revenue sharing money, which means their HRR is considerably higher than this article leads us to believe.

My suspicion is that HRR like parking for games, concessions, arena naming rights (50% with bulls), luxury boxes (50% with bulls), etc are being considered in this article as "United Center" revenues, which for accounting purposes may make sense, but the NHL really treats them as HRR internally.
Could be they're just counting the % of playoff ticket sales that go towards revenue sharing.

mouser is online now   Reply With Quote