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06-21-2007, 12:14 AM
Seth Lake
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Originally Posted by lstcyr View Post
Don't cry any tears for Leipold. He didn't lose as much money as he said he did. The management company that ran the arena made a profit all those years.
Sources report over on the messageboards that between the Predators losses and Powers Management revenue, Leipold lost around $27 million since he has owned the team.

That is a far cry from the $90 million he claimed in the press release announcing the sale, but we still have to admit that $27 million is a hefty sum.

Mods, if you feel this is a violation of the HF Code of Conduct (quoting a messageboard as a source), please feel free to remove this post. I just don't know any other way to put it and if you PM me, I'm sure you will agree that it comes from a highly respected poster with initimate knowledge of the club.

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