Quote:
Originally Posted by Vulcan
From what I've read in Forbes the Flames haven't been making much of a profit if any in the first ten years of this century. Last year was profitable because we didn't spend to the cap but overall this hasn't been a money making business.
|
I agree, from a strictly investment standpoint, but franchise valuation has risen significantly over that time.
They made real good money in the early days though... at least once them moved to the dome.