I honestly don’t blame these owners one bit for feeling the way they do, that they don’t want to blow their fortunes on these extreme luxury hobby investments. If I had the kind of wealth they do and were in their position I would feel the same way.
But don’t make your bad investment the public’s bad investment. Don’t try to take advantage of the fans.
It’s been said many times but the pro sports business model is broken and has been proven as such. If you can’t afford to build the stadium without at least ponying up the lions share, then why are you paying your employees millions of dollars a year?
Feels like a reckoning is coming for this business model and the NHL players. How the cap is rising is beyond me with so many alleged struggling markets. So if they aren’t struggling why the need for the public purse? Why the need to keep your books confidential?
Either the business model is broken and they need to fix it or it isn’t and they don’t need such a massive handout. But again why is their poor investment our problem? Can the city bail me out of my bad investments too? Even if it serves the public but on a smaller scale? It’s just all so weird.
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