Miscellaneous NHL Talk Part VII: The Not-So Lazy Hazy Crazy Days Of Summer
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07-02-2013, 01:51 PM
JVR is Pigeon Caw!
Join Date: Apr 2007
Originally Posted by
Phoenix team has hemorrhaged money, I don't see how anybody getting involved will turn a profit.
There are a lot of models on how to select an investment (NPV, IRR, Payback, --and about 4 others). I'm sure they got the math nerds on it.
I heard they can actually make more money if the team leaves due to the shallow fan base and high management costs. Have concerts, events, etc and less management and it's plausible to turn a profit. If the team stays, -- I'm not sure what the angle is, but GS will be getting paid to manage whatever is there.
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