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Originally Posted by VO #23
I believe TNSE is jointly owned by Mark Chipman and David Thomson, with Thomson being a minority partner. Chipman is no slouch either, though (not sure of his net worth but he is a very successful businessman in his own right).
And who says that this is a "losing business model"? The Jets are an economic driver for many other parts of the business. All reports suggest that TNSE is doing just fine.
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For now, but what happens when the the Canadian dollar goes down and the salary cap goes up? Will they still be making any money with such a small corporate base? I'll admit, I've never been to Winnipeg or the MTS Centre, so I'm not too familiar with TNSE's situation. If it is as a poster above stated, and the Jets are merely a catalyst to get people into downtown to spend money, then I can see the model working. Just speaking solely of the Jets, I don't see how they can be profitable long term without other revenue streams outside of the team subsidizing them.