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Old 12-12-2012, 12:09 PM
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Quote:
Originally Posted by eyemissgilmour View Post
My bad, 2/3 aren't profitable. Better?

(roughly) 1/3 make money, 1/3 break even, and 1/3 in the red

Although I do consider "break even" a loss in the sense that there's an enormous opportunity cost involved with running a franchise that has to struggle just to break even. It seems like an unsustainable model to witness that kind of salary growth with 2/3 of the franchises not generating a profit.
The hockey team per se or the entire organizations as a whole? Cuz Jacobs et al make a shit ton of revenue off secondary revenue streams (parking, merchandise, vendors, F&B etc), effectively off setting any "loss" the team itself might accrue.
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