Quote:
Originally Posted by MattyC
Isn't that 8.1 Million loss quite a bit less than it was before? Weren't they losing 20+ million the last few years?
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The city was subsidizing the NHL's losses the previous two years to the tune of $25 million each. So this is definitely an improvement.
Trout - I only skimmed a couple of the stories. Is that $8 million loss the total loss (AMF + debt servicing) or just a loss on the management fee?
Also, lol on the one suggestion of renegotiating the fee. That will play out in one of two ways:
City: "Lets renegotiate"
Team: "No"
or
City: "Lets renegotiate"
Team: "No"
City: "We'll try to find a way to cancel the lease then"
Team: "Sure. We'll just move to Quebec/Seattle/Hamilton/K-W/Kansas Cty/Las Vegas and rake in profits."