Quote:
Originally Posted by zukes
The London Knights totals cannot be accounting for everything. That must be straight hockey related revenue. 9100 every game (slightly high, but close), $20 per ticket (likely slightly low), 34 home games = $6,188,000.00 alone in ticket sales, not counting pre and post season.
So the rest of their "revenue" is less than $100,000.00 some years? I call BS.
...... The new arena was built downtown in a downtrodden area. Now that area has high rises, bar, restaurants ranging from pubs to high end, boutique shops etc. I'm sure the Knights get very favourable breaks from the city for the revitalization of downtown. The Knights sell out almost every game now and have since the arena opened.
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I think this is exactly right, and there are a separate group of corporate entities that are getting those other profits but which are not being reported as hockey revenue for accounting purposes.