Originally Posted by
Sidney Crosby's Hat
How does Edmonton have the 5th highest operating income if they have the 16th highest revenue? How do they make $17 million and Calgary makes $1.1 million even though the Flames make $10 million more per year in revenue?
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What year is being referenced?
I assumed 10-11 because I doubt all of the data is out for 11-12 yet.
Salaries are the single largest expense, and according to capgeek the salary cost for the two teams that year was:
Edmonton: $45,359,812
Calgary: $62,791,271
a $17M difference - pretty straight-forward.
(if we are talking about 11-12, the difference is only $4m however)