Quote:
Originally Posted by Cowperson
The Flames ownership group collectively is one of the wealthiest in the NHL.
However, historically, they have typically tried to run the team on a cash flow neutral basis while benefiting from capital appreciation of the potential re-sale price of the franchise.
Historically as well, they get very agitated when fans disappear and cash low drops into negative territory when the team is a prolonged loser. In that circumstance in the past, they've threatened to sell the team to another location. Ergo, their pact with fans seems to be: "We will reinvest the money you give us into players and operations provided you show up and bring money with you, no matter what happens."
They seem to be deeply scarred by the memories of the "Young Guns" era, as an example, and seem to have a deep distrust of any step back for rebuilding, hence this interminable and lengthy decline.
And now they will have to transition to a new building in the middle of a rebuilding phase, probably a far different scenario than they envisioned.
They will reap what they have sown.
Cowperson
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Yeah, if they are deeply scarred by the young guns era, that explains the schizo way they don't face the reality of what team management needs to do. The problem with that era was not only did they have a bad team but there was no hope to make a great team because once the players became good, we couldn't afford them. That isn't the case anymore and it's being proven in Edmonton.
As for the new arena, I believe new arenas give a team a few years of good attendance. Everybody likes the novelty and the positive vibes even with a bad team.