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Originally Posted by Resolute 14
FWIW, the Panthers had a 90% renewal rate on their season tickets from last year, and added 2000 new STHs. So they should actually show improvement this year.
One of the other big things about the Panthers is that the owners lose a ton of money on the team, but make a fair bit of it back via their management contract for the arena. As is usually the case, the bigger picture may not be as terrible as we assume. But like Atlanta and Phoenix, the future of the Panthers will depend almost exclusively on the existence of an owner willing to operate a team in that market. There is literally nothing a bunch of fan whining about the attendance can do to change that.
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Originally Posted by Bring_Back_Shantz
As I understand it, the owners in Florida have exclusive rights to the arena which makes them a lot more money than the Panthers lose. However part of that deal is that the primary tennant is a hockey team.
No hockey team = no areana deal = no profit overall.
So yeah, the Panters as a team are lsoing money, but they are a requirement for the larger business to make money, so they are a lot more stable than most people think.
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I've heard of this, but does anyone have an article source for this? I wonder just how much money they make by keeping the Panthers operational there, despite not getting much game-to-game revenue.