Quote:
Originally Posted by chedder
I wouldn't feel too sorry for ownership. The value of the franchise has skyrocketed in the last 10 years. That's ultimately how they make their money. I'd also be wary of believing they aren't too profitable. Sold out stadium, tv money, etc. I thought I had read somewhere that the Flames are still one of the most profitable nhl team. Also, never forget that owning a pro sports team is an ego thing for these billionaires.
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Value of the franchise isn’t how they make money at all, unless they sell their interest. Yearly profit is how they make money.