Quote:
Originally Posted by Jiggy
The Hitmen and Stamps have made more money than the Flames the last 5 years. We're lucky the owners spend to the cap knowing they will most likely lose money.
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Someone with more accounting knowledge would be better to speak to this, but much of the 'operating income' can be made to look however you want it to look with a good accounting team for tax purposes depending on how you handle your financials.
A league bringing in $4-5B annually, and a Flames franchise worth $700M with estimated revenues of $177M must be doing something really poor if they are still finding ways to lose millions of dollars a year.