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Old 10-21-2014, 11:39 PM   #46
Jay Random
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Join Date: Aug 2005
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Quote:
Originally Posted by chubeyr1 View Post
Owners of that team in florida wanted a Hockey team so they could get a building for events that would make them money.

They have a sweetheart deal on the arena and rake in the money. They lose on the hockey team, but make money overall.
I don't have the figures handy, but from what I've read, this is no longer true. Between the rising cap floor and the total lack of fan support, it appears that the Panthers are now losing money faster than the other events in the arena can make it.

That arena is turning into a 100-ton boat with a 200-ton anchor, and I'm not a bit surprised that there is starting to be talk of cutting the anchor loose.
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