You're missing the point, Wilder. The purpose of the KHL is not to be profitable. The league has a hard salary cap of about $36 million per team, but there are all kinds of ways around it. Most significantly, the clause allowing each team to poach a player eligible for the Russian national team from the NHL. Nevermind the under-the-table payments. The seven worst NHL teams by attendance in 2011-12 matched the entire KHL last season. The league doesn't release much in the way of financials, but there is no way it is remotely close to profitable.
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