I don't know how this thread became a Rocky **** fest. It's about the cap, ect. We all know Rocky makes a ton of money. Part of this is due to his situation, owning the UC (some owners don't own the stadium they pay rent to). Owning the beverage company, parking, ect.
Question is are the Blackhawks profitable as a stand alone business with current expenses. Probably but who knows and maybe that margin is getting squeezed with the escalating cap/guaranteed contracts. Other owners may not have as good as Rocky in terms of generating revenue from all aspects of the business. Rocky may even feel all sources of revenue should not be taken in to consideration as they are unique to his family business.
I think the owners want closer to a 50/50 split with the players. Then you have Fehr on the other side so this is probably going to suck.
If I remember correctly, Peter Wirtz was next in line to run the team but when Rocky pushed hard to televise home games he stepped aside out of respect to his deceased father's wishes.
Did he do it as some grand gesture to Hawks fans? Hell no. It's a sound business decision. I also heard some moron tell me he doesn't have a seat set aside for him and uses a folding chair because "he doesn't want to take a seat away from a fan." Right, because that fan would pony up $200 to sit there.
Hawks lose money? I'm sure they do, it would be stupid if they wouldn't lose money. Taxes and stuff like this.
Does Wirtz lose money? Hell no, he makes more money during 1 day than we do combined in 25 years...
Crying poor while raking in money hand over fist shows that Rocky isn't the arch angel of Chicago sports that some want to make him out to be.
I completely agree. I just think the cries from posters calling him 'cheap' and such are pretty naive.
Also, claims he didn't want the home games on TV...and then hired the guy that used games on television as the main tool to make his team one of the biggest national brands in sports to be his president...also naive.