Quote:
Originally Posted by Strange Brew
From the CBA:
"The parties have described Hockey Related Revenues with a non-exhaustive list of Hockey Related Revenues (net of Direct Costs as defined herein, where specified herein),..."
""Direct Costs" shall mean any costs, including fixed and variable costs,
attributable to a revenue-generating activity. For example, the salary of an individual employed by a Club or Club Affiliated Entity whose duties contribute to revenue activities specified in this Article 50 may be apportioned among such revenue activities specified in this Article 50 as a Direct Cost to the extent such netting of Direct Costs is permitted, except that no portion of the salary of an individual who, in the ordinary course, works on any non-revenue generating activity of a Club or Club Affiliated Entity, as defined herein, may be included as a Direct Cost. Further, an allocation of arena occupancy costs, and general and administration expenses, such as finance, support and general management function costs, may not be included as Direct Costs."
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First of all, thanks for this.
To the discussion, that list of costs is pretty limited, and shouldn't significantly affect the $1.7M figure. Basically the salaries of people selling food and beer.