Quote:
Originally Posted by MBates
I don't mind admitting I don't fully understand. If you have revenues of $7.6 million as a junior hockey club (being $3 million more than your expenses) is that not machine-like making of the money?
I appreciate that might not be indicative of long term financial stability but it is a huge pile of money for "amateur" hockey no?
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It's a matter of scale. When you consider the high end profit there is equivalent to Deryk Engelland's annual salary, "money making machine" doesn't seem like an accurate statement. When you compare against the Lethbridge Hurricanes, who were losing $200k per year on average between 2009 and 2014, and the perspective changes.