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Originally Posted by Mother Tucker
A 10 fold increase in value over ten years is a 26% annual rate of return. Far in excess of 8% annual rate of return. Cash flow ? Sell the team. Every leaf fan has contributed to that high rate of return. Certainly leaf fans can clamour for more spending to win the cup in this unique year. But of course it won't happen because leaf fans will continue spend money on the leafs ensuring MLSE profitablity. Why spend extra to win the cup if it does not improve returns. Until leaf fans withhold their cash it will be the same old story.
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But it is a good story. The Leafs have been very good for the past 6 years. They will probably make a tweak or two by the trade deadline and hopefully have a good run for the playoffs.
I just don't agree in spending money for the sake of spending money.
The Cup is great; I live north of the city, but if the Leafs ever win the Cup I am going to drive downtown right after the game and party until sunrise. Until then, I hate it when they lose a single game; I would rather have a consistent winner. I really enjoy just following this team on a daily basis.