Quote:
Originally Posted by Monahammer
https://www.statista.com/statistics/...rating-income/
Everything i can find online shows that the Oilers posted a positive operating income in every year except the covid season. Including net franchise valuation gains independent of the arena deal, I would say they are profitable over the same period.
https://www.statista.com/statistics/...U.S.%20dollars.
Same graph of publicly available information for the flames.
The oilers are in a worse market than the flames by many measures. Smaller city, less corporate revenue. They did get the arena deal from the city but as i have shown above, they already seemingly were operating at a better level than the flames prior to that deal. They have built their fan base better over nothern alberta and saskatchewan. But, my point is that the conditions our owners claim are insurmountable have been surmounted by other business people elsewhere. If they don't think they can do it, they should sell the team to someone who can.
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Teams are structured differently, which means some items make it into operating revenue for some teams and not other teams. Calculating profitability is not an apples to apples exercise, even though they do their best to make them as close as possible.
Also, unless profits are rolled up to the owners, it's largely irrelevant to their investment.