Quote:
Originally Posted by Enoch Root
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) |
If this is the case then it's not like the Oilers are making gobs of money. Especially with a $70 million cap on the horizon (maybe). If that was the cap and they spent to it, they'd be losing $8 million a year.
Fact is, right now with a dollar at par they're a mid-range revenue team (16th?). If the dollar dropped they could be in peril at some point, particularly in a 40, 50, 60 year old arena.