Quote:
Originally Posted by Strange Brew
Pittsburgh is a great sports town, probably one of the best in North America and investing in pro sports franchises has proven to be an incredible investment for almost everyone who has done it.
I think the CBA in hockey which locks in their biggest cost at 50% of revenues, while also excluding some major revenue streams, is very, very attractive to investors.
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It's a great sports town, and a great hockey town when they have an elite team, but historically they jump off the bandwagon fast when things aren't going well. They almost left town before drafting Lemieux and then again before drafting Crosby. It may not be that way in the future and money won't be an issue with these owners like it was in the past when they declared bankruptcy like three times.
It's crazy to think how different it would be if Lemieux never walked into their lives. He originally planned on refusing to play for the Pens and they talked him into giving it a chance. What a windfall that ended up being for them.