Quote:
Originally Posted by Mr.Coffee
The best way for Edwards to make money is to start the rebuild. It gets people excited and prepared to pay for what’s to come.
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Here's the problem with that: it doesn't matter what the team does, win, lose, flop, disgust us, delight us. Edwards makes money just by virtue of owning one of 31, soon to be 32, franchises. There's only so many, and there's always someone who wants to buy one. And that is really where the money is made. As long as the team doesn't lose dramatic amounts on a fiscal year basis, he could care less. It simply doesn't matter if he makes an extra million or two. His value has escalated by several hundred million or more. Why would he care too much about a couple more?
According to Forbes (
https://www.forbes.com/teams/calgary.../#623e96419050) the franchise value was $210M in 2010. It was $500M in 2019. That's $30M/year....regardless of what the Flames do or don't do. A choke year provides just as much as a successful one. (OK...some extra from playoffs if a long run, but we all know what chances of that looks like.)